Invesco Ultra Short Duration ETF $GSY Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 21.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 929,019 shares of the company’s stock after acquiring an additional 166,046 shares during the quarter. Invesco Ultra Short Duration ETF accounts for about 1.1% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 20th largest holding. Axxcess Wealth Management LLC owned approximately 1.71% of Invesco Ultra Short Duration ETF worth $46,581,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GSY. Cornerstone Planning Group LLC acquired a new stake in Invesco Ultra Short Duration ETF in the first quarter valued at approximately $46,000. Transce3nd LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the 1st quarter valued at approximately $56,000. Harbour Investments Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 186.2% during the first quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock worth $110,000 after buying an additional 1,432 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 1,422.4% in the second quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock worth $112,000 after buying an additional 2,091 shares during the last quarter. Finally, Concorde Asset Management LLC acquired a new stake in Invesco Ultra Short Duration ETF in the first quarter valued at $200,000.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada raised shares of Invesco Ultra Short Duration ETF to a “hold” rating in a report on Wednesday, October 1st.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA:GSY opened at $50.33 on Tuesday. Invesco Ultra Short Duration ETF has a 1-year low of $49.98 and a 1-year high of $50.38. The company’s fifty day moving average is $50.25 and its two-hundred day moving average is $50.17.

Invesco Ultra Short Duration ETF Company Profile

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.