Fifth Third Bancorp Boosts Position in Invesco Ultra Short Duration ETF $GSY

Fifth Third Bancorp grew its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 13,047.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,085 shares of the company’s stock after purchasing an additional 59,628 shares during the quarter. Fifth Third Bancorp owned approximately 0.09% of Invesco Ultra Short Duration ETF worth $3,011,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GSY. Royal Bank of Canada lifted its holdings in shares of Invesco Ultra Short Duration ETF by 28.8% in the 1st quarter. Royal Bank of Canada now owns 57,917 shares of the company’s stock valued at $2,903,000 after purchasing an additional 12,962 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Invesco Ultra Short Duration ETF by 75.6% in the first quarter. AQR Capital Management LLC now owns 9,249 shares of the company’s stock valued at $464,000 after buying an additional 3,982 shares during the last quarter. NewEdge Advisors LLC increased its position in Invesco Ultra Short Duration ETF by 5.4% in the 1st quarter. NewEdge Advisors LLC now owns 19,587 shares of the company’s stock valued at $982,000 after acquiring an additional 1,006 shares during the period. Jane Street Group LLC purchased a new position in shares of Invesco Ultra Short Duration ETF in the 1st quarter valued at approximately $355,000. Finally, Invesco Ltd. purchased a new stake in shares of Invesco Ultra Short Duration ETF during the second quarter worth approximately $2,180,000.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY opened at $50.08 on Tuesday. The company’s fifty day moving average is $50.17 and its two-hundred day moving average is $50.21. Invesco Ultra Short Duration ETF has a 1 year low of $50.05 and a 1 year high of $50.39.

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.