Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Strong Trading Volume – Here’s What Happened

Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSYGet Free Report) saw strong trading volume on Monday . 2,729,799 shares were traded during trading, an increase of 237% from the previous session’s volume of 809,543 shares.The stock last traded at $50.16 and had previously closed at $50.13.

Invesco Ultra Short Duration ETF Trading Up 0.1%

The firm’s fifty day moving average is $50.16 and its two-hundred day moving average is $50.22.

Hedge Funds Weigh In On Invesco Ultra Short Duration ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GSY. Royal Bank of Canada lifted its holdings in Invesco Ultra Short Duration ETF by 28.8% during the first quarter. Royal Bank of Canada now owns 57,917 shares of the company’s stock worth $2,903,000 after acquiring an additional 12,962 shares during the period. AQR Capital Management LLC increased its position in shares of Invesco Ultra Short Duration ETF by 75.6% during the 1st quarter. AQR Capital Management LLC now owns 9,249 shares of the company’s stock valued at $464,000 after purchasing an additional 3,982 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco Ultra Short Duration ETF by 5.4% during the 1st quarter. NewEdge Advisors LLC now owns 19,587 shares of the company’s stock valued at $982,000 after purchasing an additional 1,006 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco Ultra Short Duration ETF during the 1st quarter worth $355,000. Finally, Invesco Ltd. bought a new stake in shares of Invesco Ultra Short Duration ETF during the 2nd quarter worth $2,180,000.

Invesco Ultra Short Duration ETF Company Profile

(Get Free Report)

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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