GenTrust LLC acquired a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Free Report) in the second quarter, HoldingsChannel.com reports. The firm acquired 30,779 shares of the company’s stock, valued at approximately $1,543,000.
A number of other institutional investors have also recently added to or reduced their stakes in GSY. LPL Financial LLC grew its stake in Invesco Ultra Short Duration ETF by 28.8% during the 1st quarter. LPL Financial LLC now owns 3,317,876 shares of the company’s stock worth $166,292,000 after buying an additional 741,703 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in Invesco Ultra Short Duration ETF by 31.5% during the 1st quarter. Atria Wealth Solutions Inc. now owns 1,031,682 shares of the company’s stock worth $51,708,000 after buying an additional 247,257 shares during the last quarter. Gotham Asset Management LLC grew its stake in Invesco Ultra Short Duration ETF by 349.6% during the 1st quarter. Gotham Asset Management LLC now owns 286,782 shares of the company’s stock worth $14,374,000 after buying an additional 223,000 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in Invesco Ultra Short Duration ETF by 21.8% during the 2nd quarter. Axxcess Wealth Management LLC now owns 929,019 shares of the company’s stock worth $46,581,000 after buying an additional 166,046 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in Invesco Ultra Short Duration ETF by 12.1% during the 1st quarter. Raymond James Financial Inc. now owns 780,436 shares of the company’s stock worth $39,115,000 after buying an additional 83,987 shares during the last quarter.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada upgraded Invesco Ultra Short Duration ETF to a “hold” rating in a research note on Wednesday, October 1st.
Invesco Ultra Short Duration ETF Trading Up 0.0%
Shares of GSY stock opened at $50.22 on Friday. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year high of $50.38. The business’s fifty day moving average is $50.25 and its 200-day moving average is $50.18.
About Invesco Ultra Short Duration ETF
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.
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Want to see what other hedge funds are holding GSY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Free Report).
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