Kingsview Wealth Management LLC Buys 2,942 Shares of Invesco Ultra Short Duration ETF $GSY

Kingsview Wealth Management LLC boosted its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 49.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,837 shares of the company’s stock after purchasing an additional 2,942 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco Ultra Short Duration ETF were worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. AE Wealth Management LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF by 88.3% in the 2nd quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 293 shares in the last quarter. Parkside Financial Bank & Trust acquired a new stake in Invesco Ultra Short Duration ETF in the second quarter valued at approximately $45,000. Harbour Investments Inc. grew its holdings in Invesco Ultra Short Duration ETF by 186.2% in the first quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock worth $110,000 after purchasing an additional 1,432 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Invesco Ultra Short Duration ETF by 1,422.4% in the second quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock worth $112,000 after purchasing an additional 2,091 shares during the last quarter. Finally, Concorde Asset Management LLC acquired a new position in shares of Invesco Ultra Short Duration ETF during the first quarter worth $200,000.

Invesco Ultra Short Duration ETF Stock Up 0.0%

Shares of GSY opened at $50.37 on Friday. The business’s 50-day moving average is $50.28 and its two-hundred day moving average is $50.21. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.38.

Wall Street Analyst Weigh In

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

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.