Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw an uptick in trading volume on Friday. 366,900 shares changed hands during trading, an increase of 15% from the average daily volume of 318,443 shares. The stock last traded at $105.7250 and had previously closed at $105.71.

Invesco Short Term Treasury ETF Stock Performance

The business has a 50-day simple moving average of $105.63 and a 200-day simple moving average of $105.63.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

Large investors have recently modified their holdings of the stock. AWM Capital LLC purchased a new stake in Invesco Short Term Treasury ETF during the 3rd quarter valued at $89,784,000. CPR Investments Inc. purchased a new position in Invesco Short Term Treasury ETF during the third quarter worth $39,749,000. Brookstone Capital Management purchased a new position in Invesco Short Term Treasury ETF during the third quarter worth $34,155,000. Commonwealth Equity Services LLC purchased a new stake in shares of Invesco Short Term Treasury ETF in the third quarter valued at $21,918,000. Finally, Royal Bank of Canada lifted its holdings in shares of Invesco Short Term Treasury ETF by 1,844.8% in the 1st quarter. Royal Bank of Canada now owns 218,591 shares of the company’s stock worth $23,073,000 after acquiring an additional 207,351 shares during the last quarter.

About Invesco Short Term Treasury ETF

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.