Invesco Ultra Short Duration ETF $GSY Shares Acquired by Truist Financial Corp

Truist Financial Corp grew its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 7.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 108,999 shares of the company’s stock after acquiring an additional 7,626 shares during the quarter. Truist Financial Corp owned about 0.20% of Invesco Ultra Short Duration ETF worth $5,465,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Courier Capital LLC acquired a new stake in Invesco Ultra Short Duration ETF in the first quarter valued at $374,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco Ultra Short Duration ETF in the first quarter valued at $923,000. Envestnet Asset Management Inc. lifted its holdings in Invesco Ultra Short Duration ETF by 6.9% in the first quarter. Envestnet Asset Management Inc. now owns 368,233 shares of the company’s stock valued at $18,456,000 after acquiring an additional 23,838 shares during the period. Wagner Wealth Management LLC lifted its holdings in Invesco Ultra Short Duration ETF by 2.1% in the second quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock valued at $654,000 after acquiring an additional 271 shares during the period. Finally, Patton Albertson Miller Group LLC lifted its holdings in Invesco Ultra Short Duration ETF by 7.1% in the second quarter. Patton Albertson Miller Group LLC now owns 9,557 shares of the company’s stock valued at $479,000 after acquiring an additional 635 shares during the period.

Wall Street Analyst Weigh In

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

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA:GSY opened at $50.28 on Wednesday. The stock’s 50-day moving average price is $50.24 and its two-hundred day moving average price is $50.16. Invesco Ultra Short Duration ETF has a 12-month low of $49.98 and a 12-month high of $50.38.

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.