Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Strong Trading Volume – Here’s Why

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw unusually-strong trading volume on Monday . Approximately 302,484 shares were traded during trading, an increase of 42% from the previous session’s volume of 212,911 shares.The stock last traded at $105.65 and had previously closed at $105.64.

Invesco Short Term Treasury ETF Stock Performance

The business has a 50 day moving average of $105.58 and a two-hundred day moving average of $105.60.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Hedge funds have recently made changes to their positions in the stock. Strategic Financial Concepts LLC raised its stake in Invesco Short Term Treasury ETF by 5,620.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 347,086 shares of the company’s stock valued at $347,000 after buying an additional 341,019 shares during the last quarter. Invesco Ltd. raised its stake in Invesco Short Term Treasury ETF by 7.4% in the first quarter. Invesco Ltd. now owns 4,308,137 shares of the company’s stock valued at $454,659,000 after buying an additional 295,054 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Invesco Short Term Treasury ETF by 197.3% in the fourth quarter. Ameriprise Financial Inc. now owns 288,634 shares of the company’s stock valued at $30,489,000 after buying an additional 191,540 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco Short Term Treasury ETF by 68.9% in the first quarter. Envestnet Asset Management Inc. now owns 406,702 shares of the company’s stock valued at $42,921,000 after buying an additional 165,902 shares during the last quarter. Finally, Matauro LLC purchased a new stake in Invesco Short Term Treasury ETF in the fourth quarter valued at about $17,472,000.

Invesco Short Term Treasury ETF Company Profile

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.