Gradient Investments LLC Buys New Stake in Invesco Ultra Short Duration ETF $GSY

Gradient Investments LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,034,881 shares of the company’s stock, valued at approximately $51,672,000. Gradient Investments LLC owned about 1.34% of Invesco Ultra Short Duration ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Motiv8 Investments LLC bought a new stake in Invesco Ultra Short Duration ETF in the fourth quarter valued at approximately $31,000. SHP Wealth Management bought a new position in Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $35,000. NFSG Corp lifted its position 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 purchasing an additional 311 shares during the period. Matrix Private Capital Group LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 1st quarter valued at $69,000. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Invesco Ultra Short Duration ETF by 30.9% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,298 shares of the company’s stock valued at $113,000 after purchasing an additional 543 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA GSY traded up $0.01 during mid-day trading on Thursday, reaching $50.02. 466,229 shares of the stock were exchanged, compared to its average volume of 855,694. Invesco Ultra Short Duration ETF has a one year low of $49.90 and a one year high of $50.39. The stock has a 50 day simple moving average of $50.11 and a 200-day simple moving average of $50.14.

Invesco Ultra Short Duration ETF 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.