Cetera Investment Advisers Raises Stock Position in Invesco Ultra Short Duration ETF $GSY

Cetera Investment Advisers grew its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 23.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,377,756 shares of the company’s stock after purchasing an additional 265,615 shares during the quarter. Cetera Investment Advisers owned about 1.99% of Invesco Ultra Short Duration ETF worth $69,053,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tucker Asset Management LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the fourth quarter valued at about $25,000. Motiv8 Investments LLC purchased a new stake in Invesco Ultra Short Duration ETF in the fourth quarter worth about $31,000. Lodestone Wealth Management LLC bought a new stake in Invesco Ultra Short Duration ETF during the 4th quarter valued at approximately $33,000. Beacon Capital Management Inc. boosted its position in Invesco Ultra Short Duration ETF by 302.4% during the 4th quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock valued at $34,000 after acquiring an additional 514 shares in the last quarter. Finally, SHP Wealth Management bought a new stake in Invesco Ultra Short Duration ETF during the 4th quarter valued at approximately $35,000.

Invesco Ultra Short Duration ETF Trading Up 0.0%

GSY stock opened at $50.08 on Friday. Invesco Ultra Short Duration ETF has a fifty-two week low of $50.05 and a fifty-two week high of $50.39. The business’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $50.20.

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.