Gateway Wealth Partners LLC Has $1.24 Million Position in Invesco Ultra Short Duration ETF $GSY

Gateway Wealth Partners LLC increased its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 107.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,734 shares of the company’s stock after buying an additional 12,839 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Invesco Ultra Short Duration ETF were worth $1,240,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Matrix Private Capital Group LLC bought a new stake in Invesco Ultra Short Duration ETF in the 1st quarter valued at approximately $69,000. Cetera Investment Advisers boosted its position in Invesco Ultra Short Duration ETF by 23.9% during the 1st quarter. Cetera Investment Advisers now owns 1,377,756 shares of the company’s stock worth $69,053,000 after acquiring an additional 265,615 shares during the last quarter. NewEdge Wealth LLC grew its stake in shares of Invesco Ultra Short Duration ETF by 9.5% during the 1st quarter. NewEdge Wealth LLC now owns 6,318 shares of the company’s stock worth $317,000 after acquiring an additional 547 shares in the last quarter. Legacy Wealth Managment LLC ID grew its stake in shares of Invesco Ultra Short Duration ETF by 61.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 24,528 shares of the company’s stock worth $1,229,000 after acquiring an additional 9,327 shares in the last quarter. Finally, Beta Wealth Group Inc. raised its holdings in shares of Invesco Ultra Short Duration ETF by 122.7% in the first quarter. Beta Wealth Group Inc. now owns 15,455 shares of the company’s stock valued at $775,000 after purchasing an additional 8,515 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY stock opened at $50.10 on Wednesday. The company’s fifty day simple moving average is $50.16 and its 200-day simple moving average is $50.20. Invesco Ultra Short Duration ETF has a 12 month low of $50.05 and a 12 month high of $50.39.

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.