Bank of Montreal Can Acquires 5,935 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Bank of Montreal Can increased its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 3,930.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,086 shares of the company’s stock after acquiring an additional 5,935 shares during the quarter. Bank of Montreal Can’s holdings in Invesco Ultra Short Duration ETF were worth $305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AdvisorNet Financial Inc acquired a new position in shares of Invesco Ultra Short Duration ETF in the 4th quarter valued at about $35,000. IAG Wealth Partners LLC acquired a new stake in Invesco Ultra Short Duration ETF during the 4th quarter worth $39,000. Collier Financial purchased a new stake in Invesco Ultra Short Duration ETF during the 4th quarter valued at about $72,000. Archer Investment Corp increased its holdings in shares of Invesco Ultra Short Duration ETF by 23.7% in the fourth quarter. Archer Investment Corp now owns 3,627 shares of the company’s stock valued at $182,000 after purchasing an additional 696 shares during the last quarter. Finally, GWN Securities Inc. purchased a new position in Invesco Ultra Short Duration ETF during the fourth quarter worth about $206,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY opened at $50.00 on Thursday. Invesco Ultra Short Duration ETF has a 12-month low of $49.78 and a 12-month high of $50.37. The company’s 50-day moving average price is $50.15 and its 200 day moving average price is $50.14.

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.