Sequoia Financial Advisors LLC Invests $4.72 Million in Invesco Ultra Short Duration ETF $GSY

Sequoia Financial Advisors LLC bought a new position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the 4th quarter, Holdings Channel.com reports. The firm bought 93,926 shares of the company’s stock, valued at approximately $4,720,000.

A number of other large investors have also made changes to their positions in GSY. Royal Bank of Canada increased its holdings in shares of Invesco Ultra Short Duration ETF by 28.8% in the 1st quarter. Royal Bank of Canada now owns 57,917 shares of the company’s stock valued at $2,903,000 after purchasing an additional 12,962 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Invesco Ultra Short Duration ETF by 75.6% in 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 in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Invesco Ultra Short Duration ETF by 5.4% in 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 in the last quarter. Jane Street Group LLC purchased a new position in shares of Invesco Ultra Short Duration ETF in the 1st quarter valued at about $355,000. Finally, Invesco Ltd. purchased a new position in shares of Invesco Ultra Short Duration ETF in the 2nd quarter valued at about $2,180,000.

Invesco Ultra Short Duration ETF Trading Up 0.1%

Shares of GSY opened at $50.22 on Friday. The company has a 50-day simple moving average of $50.18 and a 200-day simple moving average of $50.24. Invesco Ultra Short Duration ETF has a 52-week low of $49.99 and a 52-week high of $50.39.

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.