Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Shares Break Above 200-Day Moving Average – Time to Sell?

Invesco Short Term Treasury ETF (NYSEARCA:TBLL)’s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $105.63 and traded as high as $105.64. Invesco Short Term Treasury ETF shares last traded at $105.64, with a volume of 346,047 shares traded.

Invesco Short Term Treasury ETF Stock Performance

The business’s 50-day simple moving average is $105.63 and its 200-day simple moving average is $105.63.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TBLL. AWM Capital LLC acquired a new position in Invesco Short Term Treasury ETF in the third quarter valued at approximately $89,784,000. CPR Investments Inc. purchased a new stake in Invesco Short Term Treasury ETF in the 3rd quarter worth approximately $39,749,000. Brookstone Capital Management acquired a new stake in shares of Invesco Short Term Treasury ETF during the 3rd quarter worth approximately $34,155,000. Royal Bank of Canada grew its stake in shares of Invesco Short Term Treasury ETF by 1,844.8% during the 1st quarter. Royal Bank of Canada now owns 218,591 shares of the company’s stock worth $23,073,000 after purchasing an additional 207,351 shares during the period. Finally, Convergence Financial LLC acquired a new stake in shares of Invesco Short Term Treasury ETF during the 3rd quarter worth approximately $20,228,000.

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.