Envestnet Asset Management Inc. Purchases 23,838 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Envestnet Asset Management Inc. lifted its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 6.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,233 shares of the company’s stock after acquiring an additional 23,838 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.66% of Invesco Ultra Short Duration ETF worth $18,456,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Avantax Advisory Services Inc. lifted its holdings in Invesco Ultra Short Duration ETF by 12.7% during the fourth quarter. Avantax Advisory Services Inc. now owns 6,477 shares of the company’s stock valued at $325,000 after purchasing an additional 729 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Invesco Ultra Short Duration ETF by 355.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 93,375 shares of the company’s stock worth $4,679,000 after purchasing an additional 72,873 shares during the last quarter. GWN Securities Inc. bought a new position in Invesco Ultra Short Duration ETF during the fourth quarter valued at approximately $206,000. Condor Capital Management grew its position in Invesco Ultra Short Duration ETF by 2.5% during the fourth quarter. Condor Capital Management now owns 10,620 shares of the company’s stock valued at $532,000 after acquiring an additional 263 shares during the last quarter. Finally, ZEGA Investments LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF during the fourth quarter valued at approximately $2,853,000.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA:GSY opened at $50.24 on Thursday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.91 and a fifty-two week high of $50.37. The business has a 50 day moving average price of $50.14 and a 200-day moving average price of $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.