Avantax Advisory Services Inc. Increases Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Avantax Advisory Services Inc. lifted its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 43.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,301 shares of the company’s stock after buying an additional 2,824 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $466,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter worth approximately $46,000. Transce3nd LLC purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter worth approximately $56,000. Tower Research Capital LLC TRC purchased a new position in Invesco Ultra Short Duration ETF in the 4th quarter worth approximately $99,000. Concourse Financial Group Securities Inc. increased its stake in shares of Invesco Ultra Short Duration ETF by 38.1% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 4,013 shares of the company’s stock valued at $202,000 after buying an additional 1,107 shares during the period. Finally, Dividend Assets Capital LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the first quarter valued at approximately $212,000.

Invesco Ultra Short Duration ETF Price Performance

GSY opened at $50.24 on Thursday. Invesco Ultra Short Duration ETF has a 52-week low of $49.98 and a 52-week high of $50.37. The stock’s 50 day moving average price is $50.16 and its 200-day moving average price is $50.14.

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.