B. Riley Wealth Advisors Inc. Makes New Investment in Invesco Ultra Short Duration ETF $GSY

B. Riley Wealth Advisors Inc. bought a new stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,335 shares of the company’s stock, valued at approximately $769,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE increased its holdings in Invesco Ultra Short Duration ETF by 35.3% in the 2nd quarter. Bank of America Corp DE now owns 1,560,270 shares of the company’s stock worth $78,232,000 after acquiring an additional 406,664 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Invesco Ultra Short Duration ETF by 5.5% in the 2nd quarter. Cetera Investment Advisers now owns 967,552 shares of the company’s stock worth $48,513,000 after buying an additional 50,445 shares during the period. Axxcess Wealth Management LLC grew its position in shares of Invesco Ultra Short Duration ETF by 21.8% during the second quarter. Axxcess Wealth Management LLC now owns 929,019 shares of the company’s stock worth $46,581,000 after purchasing an additional 166,046 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Invesco Ultra Short Duration ETF by 16.7% during the second quarter. Raymond James Financial Inc. now owns 910,918 shares of the company’s stock valued at $45,673,000 after buying an additional 130,482 shares during the last quarter. Finally, Capital Asset Advisory Services LLC increased its holdings in Invesco Ultra Short Duration ETF by 11.0% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 804,106 shares of the company’s stock valued at $40,326,000 after acquiring an additional 79,963 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Invesco Ultra Short Duration ETF stock opened at $50.34 on Wednesday. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year high of $50.38. The firm has a 50-day moving average of $50.28 and a two-hundred day moving average of $50.23.

Analysts Set New Price Targets

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 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.