Greenleaf Trust Buys 60,957 Shares of Invesco Ultra Short Duration ETF $GSY

Greenleaf Trust increased its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 16.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 438,921 shares of the company’s stock after purchasing an additional 60,957 shares during the quarter. Greenleaf Trust’s holdings in Invesco Ultra Short Duration ETF were worth $22,049,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. AE Wealth Management LLC grew its holdings in Invesco Ultra Short Duration ETF by 88.3% during the second quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 293 shares during the last quarter. Parkside Financial Bank & Trust bought a new stake in shares of Invesco Ultra Short Duration ETF during the 2nd quarter worth $45,000. Newbridge Financial Services Group Inc. boosted its holdings in shares of Invesco Ultra Short Duration ETF by 206.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,015 shares of the company’s stock worth $51,000 after buying an additional 684 shares during the period. Sound Income Strategies LLC acquired a new position in Invesco Ultra Short Duration ETF in the 3rd quarter valued at $97,000. Finally, Farther Finance Advisors LLC raised its holdings in Invesco Ultra Short Duration ETF by 1,422.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock worth $112,000 after acquiring an additional 2,091 shares during the period.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised shares of Invesco Ultra Short Duration ETF to a “hold” rating in a research report on Wednesday, October 1st.

Invesco Ultra Short Duration ETF Price Performance

GSY stock opened at $50.29 on Tuesday. Invesco Ultra Short Duration ETF has a twelve month low of $49.98 and a twelve month high of $50.38. The business’s 50-day simple moving average is $50.27 and its 200 day simple moving average is $50.24.

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.