Focus Financial Network Inc. Buys New Holdings in Invesco Ultra Short Duration ETF $GSY

Focus Financial Network Inc. purchased a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 21,490 shares of the company’s stock, valued at approximately $1,078,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of Invesco Ultra Short Duration ETF by 152.9% during the first quarter. Bank of America Corp DE now owns 2,893,767 shares of the company’s stock valued at $145,036,000 after acquiring an additional 1,749,388 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 64.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,569,623 shares of the company’s stock worth $78,874,000 after purchasing an additional 615,515 shares in the last quarter. UBS Group AG grew its position in Invesco Ultra Short Duration ETF by 15.8% in the 4th quarter. UBS Group AG now owns 1,567,074 shares of the company’s stock valued at $78,745,000 after purchasing an additional 213,271 shares during the period. Annex Advisory Services LLC acquired a new stake in Invesco Ultra Short Duration ETF in the 4th quarter valued at $78,124,000. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Invesco Ultra Short Duration ETF by 673.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,531,312 shares of the company’s stock valued at $76,948,000 after purchasing an additional 1,333,336 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

GSY opened at $50.21 on Wednesday. The company’s fifty day moving average price is $50.17 and its two-hundred day moving average price is $50.19. Invesco Ultra Short Duration ETF has a 1-year low of $50.05 and a 1-year 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.