Invesco Ultra Short Duration ETF $GSY is Foronjy Financial LLC’s 6th Largest Position

Foronjy Financial LLC boosted its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 12.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 202,465 shares of the company’s stock after acquiring an additional 23,145 shares during the period. Invesco Ultra Short Duration ETF accounts for 4.5% of Foronjy Financial LLC’s investment portfolio, making the stock its 6th biggest position. Foronjy Financial LLC’s holdings in Invesco Ultra Short Duration ETF were worth $10,171,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of GSY. Bank of America Corp DE boosted its holdings in shares of Invesco Ultra Short Duration ETF by 35.3% during the second quarter. Bank of America Corp DE now owns 1,560,270 shares of the company’s stock worth $78,232,000 after purchasing an additional 406,664 shares during the period. Envestnet Asset Management Inc. raised its position in Invesco Ultra Short Duration ETF by 64.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 606,999 shares of the company’s stock valued at $30,435,000 after purchasing an additional 238,766 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Invesco Ultra Short Duration ETF by 47.2% in the 2nd quarter. Osaic Holdings Inc. now owns 723,610 shares of the company’s stock worth $36,283,000 after buying an additional 232,130 shares during the period. Gotham Asset Management LLC grew its position in shares of Invesco Ultra Short Duration ETF by 349.6% in 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. Finally, MML Investors Services LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 247.6% during the second quarter. MML Investors Services LLC now owns 295,645 shares of the company’s stock valued at $14,824,000 after buying an additional 210,589 shares during the period.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded 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

NYSEARCA GSY opened at $50.28 on Monday. 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 price is $50.27 and its 200-day moving average price is $50.24.

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.