Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Position Decreased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 7.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 436,183 shares of the company’s stock after selling 37,126 shares during the quarter. Envestnet Asset Management Inc. owned 1.11% of Invesco Ultra Short Duration ETF worth $21,635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Arete Wealth Advisors LLC purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter worth about $370,792,000,000. Private Advisor Group LLC acquired a new position in Invesco Ultra Short Duration ETF during the first quarter valued at $6,007,000. GPS Wealth Strategies Group LLC purchased a new stake in Invesco Ultra Short Duration ETF in the 1st quarter worth about $159,000. Triasima Portfolio Management inc. acquired a new stake in Invesco Ultra Short Duration ETF during the 4th quarter worth about $330,000. Finally, Advocacy Wealth Management Services LLC grew its stake in Invesco Ultra Short Duration ETF by 23.5% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 85,705 shares of the company’s stock valued at $4,251,000 after acquiring an additional 16,290 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

GSY stock opened at $49.78 on Friday. The firm has a 50 day moving average of $49.73 and a two-hundred day moving average of $49.69. Invesco Ultra Short Duration ETF has a 12 month low of $49.23 and a 12 month high of $49.85.

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.