Ameritas Advisory Services LLC Sells 41,710 Shares of Invesco Ultra Short Duration ETF $GSY

Ameritas Advisory Services LLC lessened its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 47.5% during the second quarter, Holdings Channel reports. The firm owned 46,171 shares of the company’s stock after selling 41,710 shares during the period. Ameritas Advisory Services LLC’s holdings in Invesco Ultra Short Duration ETF were worth $2,315,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cornerstone Planning Group LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the first quarter valued at approximately $46,000. Transce3nd LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the first quarter valued at approximately $56,000. Harbour Investments Inc. lifted its holdings in shares of Invesco Ultra Short Duration ETF by 186.2% in the first quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock valued at $110,000 after purchasing an additional 1,432 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 1,422.4% in the second quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock valued at $112,000 after purchasing an additional 2,091 shares in the last quarter. Finally, Concorde Asset Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the first quarter valued at approximately $200,000.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA:GSY opened at $50.28 on Friday. The business has a fifty day simple moving average of $50.23 and a two-hundred day simple moving average of $50.16. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year high of $50.38.

Wall Street Analysts Forecast Growth

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

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.