Summit Wealth Group LLC Co. Acquires New Shares in Invesco Ultra Short Duration ETF $GSY

Summit Wealth Group LLC Co. bought a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the third quarter, Holdings Channel.com reports. The fund bought 32,107 shares of the company’s stock, valued at approximately $1,603,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of Invesco Ultra Short Duration ETF by 152.9% in the 1st quarter. Bank of America Corp DE now owns 2,893,767 shares of the company’s stock worth $145,036,000 after purchasing an additional 1,749,388 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in Invesco Ultra Short Duration ETF by 6.2% during the 1st quarter. Axxcess Wealth Management LLC now owns 1,435,698 shares of the company’s stock valued at $71,957,000 after purchasing an additional 83,509 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco Ultra Short Duration ETF by 23.9% during the 1st quarter. Cetera Investment Advisers now owns 1,377,756 shares of the company’s stock valued at $69,053,000 after purchasing an additional 265,615 shares in the last quarter. Johnson Bixby & Associates LLC raised its holdings in Invesco Ultra Short Duration ETF by 305.8% during the third quarter. Johnson Bixby & Associates LLC now owns 1,206,535 shares of the company’s stock worth $60,242,000 after buying an additional 909,179 shares during the last quarter. Finally, Gradient Investments LLC acquired a new position in Invesco Ultra Short Duration ETF during the third quarter worth $51,672,000.

Invesco Ultra Short Duration ETF Stock Up 0.0%

Invesco Ultra Short Duration ETF stock opened at $50.04 on Tuesday. Invesco Ultra Short Duration ETF has a 1-year low of $49.90 and a 1-year high of $50.39. The firm’s fifty day moving average price is $50.03 and its two-hundred day moving average price is $50.16.

Invesco Ultra Short Duration ETF 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.