Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Position Cut by Great Lakes Retirement Inc.

Great Lakes Retirement Inc. cut its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 41.9% during the 4th quarter, Holdings Channel reports. The firm owned 238,696 shares of the company’s stock after selling 172,372 shares during the period. Invesco Ultra Short Duration ETF comprises 2.0% of Great Lakes Retirement Inc.’s investment portfolio, making the stock its 13th largest position. Great Lakes Retirement Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $11,906,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. RTD Financial Advisors Inc. increased its position in shares of Invesco Ultra Short Duration ETF by 124.2% during the 4th quarter. RTD Financial Advisors Inc. now owns 22,947 shares of the company’s stock valued at $1,145,000 after purchasing an additional 12,711 shares during the period. Raymond James & Associates increased its position in shares of Invesco Ultra Short Duration ETF by 15.0% during the 4th quarter. Raymond James & Associates now owns 369,680 shares of the company’s stock valued at $18,440,000 after purchasing an additional 48,161 shares during the period. Wealthstar Advisors LLC increased its position in shares of Invesco Ultra Short Duration ETF by 15.8% during the 4th quarter. Wealthstar Advisors LLC now owns 48,635 shares of the company’s stock valued at $2,426,000 after purchasing an additional 6,651 shares during the period. Lionsbridge Wealth Management LLC acquired a new position in shares of Invesco Ultra Short Duration ETF during the 4th quarter valued at $1,190,000. Finally, McNaughton Wealth Management LLC increased its position in shares of Invesco Ultra Short Duration ETF by 1.0% during the 4th quarter. McNaughton Wealth Management LLC now owns 62,810 shares of the company’s stock valued at $3,133,000 after purchasing an additional 638 shares during the period.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA GSY traded up $0.03 during mid-day trading on Wednesday, reaching $49.89. The company had a trading volume of 737,441 shares, compared to its average volume of 465,611. The company has a 50-day moving average price of $49.91 and a two-hundred day moving average price of $49.84. Invesco Ultra Short Duration ETF has a 1-year low of $49.55 and a 1-year high of $50.12.

Invesco Ultra Short Duration ETF Company 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.