Independent Financial Group LLC Invests $1.58 Million in Invesco Ultra Short Duration ETF $GSY

Independent Financial Group LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,516 shares of the company’s stock, valued at approximately $1,580,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp acquired a new position in shares of Invesco Ultra Short Duration ETF during the first quarter valued at $1,092,000. NFSG Corp increased its holdings in shares of Invesco Ultra Short Duration ETF by 30.0% in the 1st quarter. NFSG Corp now owns 1,349 shares of the company’s stock worth $68,000 after acquiring an additional 311 shares during the period. Sanctuary Advisors LLC lifted its position in Invesco Ultra Short Duration ETF by 50.6% in the 1st quarter. Sanctuary Advisors LLC now owns 69,894 shares of the company’s stock valued at $3,503,000 after purchasing an additional 23,476 shares during the last quarter. AMG National Trust Bank lifted its position in Invesco Ultra Short Duration ETF by 100.0% in the 1st quarter. AMG National Trust Bank now owns 8,000 shares of the company’s stock valued at $401,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in Invesco Ultra Short Duration ETF by 40.8% during the 1st quarter. Bleakley Financial Group LLC now owns 130,598 shares of the company’s stock valued at $6,546,000 after purchasing an additional 37,867 shares during the period.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA GSY opened at $50.24 on Monday. Invesco Ultra Short Duration ETF has a 52 week low of $50.05 and a 52 week high of $50.39. The company has a 50-day moving average price of $50.17 and a two-hundred day moving average price of $50.21.

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.