Legacy Wealth Managment LLC ID Sells 1,932 Shares of Invesco Ultra Short Duration ETF $GSY

Legacy Wealth Managment LLC ID cut its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 7.7% during the second quarter, HoldingsChannel reports. The firm owned 23,292 shares of the company’s stock after selling 1,932 shares during the period. Legacy Wealth Managment LLC ID’s holdings in Invesco Ultra Short Duration ETF were worth $1,168,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 28.8% during the first quarter. LPL Financial LLC now owns 3,317,876 shares of the company’s stock valued at $166,292,000 after buying an additional 741,703 shares during the period. Atria Wealth Solutions Inc. lifted its stake in Invesco Ultra Short Duration ETF by 31.5% in the first quarter. Atria Wealth Solutions Inc. now owns 1,031,682 shares of the company’s stock worth $51,708,000 after acquiring an additional 247,257 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco Ultra Short Duration ETF by 64.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 606,999 shares of the company’s stock worth $30,435,000 after acquiring an additional 238,766 shares in the last quarter. Gotham Asset Management LLC grew its holdings in Invesco Ultra Short Duration ETF by 349.6% during the 1st quarter. Gotham Asset Management LLC now owns 286,782 shares of the company’s stock worth $14,374,000 after acquiring an additional 223,000 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its position in Invesco Ultra Short Duration ETF by 635.5% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 197,538 shares of the company’s stock valued at $9,905,000 after purchasing an additional 170,680 shares during the period.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY stock opened at $50.29 on Friday. The stock’s fifty day moving average price is $50.27 and its 200 day moving average price is $50.19. Invesco Ultra Short Duration ETF has a 1-year low of $49.98 and a 1-year high of $50.38.

Wall Street Analysts Forecast Growth

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

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.