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

Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) saw unusually-high trading volume on Monday . Approximately 853,751 shares traded hands during mid-day trading, an increase of 8% from the previous session’s volume of 787,447 shares.The stock last traded at $50.1250 and had previously closed at $50.10.

Invesco Ultra Short Duration ETF Price Performance

The company’s fifty day moving average is $50.16 and its 200-day moving average is $50.17.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Tucker Asset Management LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF during the 4th quarter valued at about $25,000. Motiv8 Investments LLC purchased a new position in shares of Invesco Ultra Short Duration ETF in the fourth quarter worth approximately $31,000. Beacon Capital Management Inc. grew its position in Invesco Ultra Short Duration ETF by 302.4% during the fourth quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock valued at $34,000 after buying an additional 514 shares during the period. SHP Wealth Management purchased a new stake in Invesco Ultra Short Duration ETF during the fourth quarter valued at approximately $35,000. Finally, NFSG Corp increased its holdings in Invesco Ultra Short Duration ETF by 30.0% during the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after buying an additional 311 shares during the last quarter.

Invesco Ultra Short Duration ETF Company 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.