DAVENPORT & Co LLC Acquires 1,067 Shares of Invesco Ultra Short Duration ETF $GSY

DAVENPORT & Co LLC increased its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 19.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,581 shares of the company’s stock after acquiring an additional 1,067 shares during the quarter. DAVENPORT & Co LLC’s holdings in Invesco Ultra Short Duration ETF were worth $330,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in GSY. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco Ultra Short Duration ETF by 8.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,587 shares of the company’s stock worth $230,000 after purchasing an additional 357 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Invesco Ultra Short Duration ETF by 1.2% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 42,654 shares of the company’s stock worth $2,138,000 after acquiring an additional 508 shares during the period. Cyndeo Wealth Partners LLC increased its stake in Invesco Ultra Short Duration ETF by 7.9% during the 1st quarter. Cyndeo Wealth Partners LLC now owns 349,318 shares of the company’s stock worth $17,508,000 after acquiring an additional 25,470 shares during the period. Sowell Financial Services LLC bought a new position in Invesco Ultra Short Duration ETF during the 1st quarter worth $841,000. Finally, Great Lakes Retirement Inc. increased its stake in Invesco Ultra Short Duration ETF by 3.3% during the 1st quarter. Great Lakes Retirement Inc. now owns 242,849 shares of the company’s stock worth $12,172,000 after acquiring an additional 7,842 shares during the period.

Wall Street Analyst Weigh In

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

Invesco Ultra Short Duration ETF Stock Up 0.1%

Shares of Invesco Ultra Short Duration ETF stock opened at $50.31 on Monday. The firm’s 50 day moving average is $50.25 and its 200 day moving average is $50.17. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year 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.