Invesco Ultra Short Duration ETF $GSY Shares Sold by Gradient Investments LLC

Gradient Investments LLC reduced its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 6.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,034,198 shares of the company’s stock after selling 65,876 shares during the period. Gradient Investments LLC’s holdings in Invesco Ultra Short Duration ETF were worth $51,865,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of GSY. Hilltop Holdings Inc. increased its stake in Invesco Ultra Short Duration ETF by 2.1% in the 4th quarter. Hilltop Holdings Inc. now owns 11,615 shares of the company’s stock valued at $584,000 after buying an additional 244 shares during the period. Parallel Advisors LLC lifted its stake in shares of Invesco Ultra Short Duration ETF by 6.6% in the 3rd quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock worth $245,000 after acquiring an additional 300 shares during the period. NFSG Corp boosted its holdings in shares of Invesco Ultra Short Duration ETF by 30.0% in the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after acquiring an additional 311 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco Ultra Short Duration ETF by 2.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 14,838 shares of the company’s stock valued at $746,000 after acquiring an additional 338 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF by 5.0% in the first quarter. Chicago Partners Investment Group LLC now owns 7,255 shares of the company’s stock valued at $364,000 after acquiring an additional 345 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA GSY opened at $50.20 on Friday. Invesco Ultra Short Duration ETF has a 52-week low of $50.05 and a 52-week high of $50.39. The firm has a 50-day moving average price of $50.17 and a 200 day moving average price of $50.19.

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.