Endowment Wealth Management Inc. Has $1.77 Million Stock Position in Invesco Ultra Short Duration ETF $GSY

Endowment Wealth Management Inc. lifted its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 11.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,285 shares of the company’s stock after purchasing an additional 3,722 shares during the quarter. Endowment Wealth Management Inc. owned 0.06% of Invesco Ultra Short Duration ETF worth $1,769,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco Ultra Short Duration ETF during the 1st quarter worth $923,000. Envestnet Asset Management Inc. grew its holdings in shares of Invesco Ultra Short Duration ETF by 6.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 368,233 shares of the company’s stock worth $18,456,000 after purchasing an additional 23,838 shares in the last quarter. Wagner Wealth Management LLC boosted its stake 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 buying an additional 271 shares in the last quarter. Patton Albertson Miller Group LLC boosted its stake 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 buying an additional 635 shares in the last quarter. Finally, Truist Financial Corp boosted its stake in Invesco Ultra Short Duration ETF by 7.5% in the second quarter. Truist Financial Corp now owns 108,999 shares of the company’s stock valued at $5,465,000 after buying an additional 7,626 shares in the last quarter.

Wall Street Analyst Weigh In

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

Invesco Ultra Short Duration ETF Trading Up 0.1%

Shares of GSY stock opened at $50.31 on Monday. The stock has a 50 day simple moving average of $50.25 and a two-hundred day simple moving average of $50.17. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.38.

Invesco Ultra Short Duration ETF 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.