JPMorgan Chase & Co. Has $19.95 Million Stock Position in Invesco Ultra Short Duration ETF $GSY

JPMorgan Chase & Co. reduced its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 397,127 shares of the company’s stock after selling 18,783 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco Ultra Short Duration ETF were worth $19,949,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Collier Financial bought a new position in shares of Invesco Ultra Short Duration ETF during the 3rd quarter worth approximately $27,000. Rossby Financial LCC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter valued at $31,000. Newbridge Financial Services Group Inc. lifted its position in shares of Invesco Ultra Short Duration ETF by 206.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,015 shares of the company’s stock valued at $51,000 after acquiring an additional 684 shares during the period. Sound Income Strategies LLC acquired a new position in shares of Invesco Ultra Short Duration ETF during the 3rd quarter valued at $97,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Invesco Ultra Short Duration ETF during the 3rd quarter valued at $138,000.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA GSY opened at $50.08 on Wednesday. The company’s fifty day simple moving average is $50.26 and its 200 day simple moving average is $50.27. Invesco Ultra Short Duration ETF has a 12-month low of $49.98 and a 12-month high of $50.39.

Invesco Ultra Short Duration ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.1738 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 23rd.

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.