Concurrent Investment Advisors LLC Raises Position in Invesco Ultra Short Duration ETF $GSY

Concurrent Investment Advisors LLC grew its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 228.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 750,546 shares of the company’s stock after purchasing an additional 522,149 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $37,640,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Tucker Asset Management LLC purchased a new position in Invesco Ultra Short Duration ETF during the 4th quarter worth $25,000. Motiv8 Investments LLC purchased a new stake in Invesco Ultra Short Duration ETF in the fourth quarter valued at about $31,000. Beacon Capital Management Inc. raised its stake in Invesco Ultra Short Duration ETF by 302.4% in 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 last quarter. SHP Wealth Management purchased a new stake in Invesco Ultra Short Duration ETF in the fourth quarter valued at about $35,000. Finally, NFSG Corp boosted its holdings in Invesco Ultra Short Duration ETF by 30.0% in the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock worth $68,000 after acquiring an additional 311 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY stock opened at $50.13 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 stock’s 50-day simple moving average is $50.17 and its 200-day simple moving average is $50.18.

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.