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

Gradient Investments LLC trimmed its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 6.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,034,198 shares of the company’s stock after selling 65,876 shares during the quarter. Gradient Investments LLC owned approximately 1.38% of Invesco Ultra Short Duration ETF worth $51,865,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in GSY. Tucker Asset Management LLC purchased a new position in Invesco Ultra Short Duration ETF in the 4th quarter valued at $25,000. Motiv8 Investments LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF during the fourth quarter worth $31,000. Beacon Capital Management Inc. grew its holdings in shares of Invesco Ultra Short Duration ETF by 302.4% during the fourth quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock worth $34,000 after buying an additional 514 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Invesco Ultra Short Duration ETF in the fourth quarter valued at about $35,000. Finally, NFSG Corp raised its position 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 buying an additional 311 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA:GSY opened at $50.20 on Friday. The company’s 50-day moving average price is $50.17 and its 200-day moving average price is $50.19. Invesco Ultra Short Duration ETF has a twelve month low of $50.05 and a twelve month high of $50.39.

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.