Petix & Botte Co Has $711,000 Stake in Invesco Ultra Short Duration ETF $GSY

Petix & Botte Co trimmed its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 9.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,171 shares of the company’s stock after selling 1,520 shares during the quarter. Petix & Botte Co’s holdings in Invesco Ultra Short Duration ETF were worth $711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in GSY. Envestnet Asset Management Inc. lifted its position in shares of Invesco Ultra Short Duration ETF by 6.9% in 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 during the period. Wagner Wealth Management LLC increased its position in shares of Invesco Ultra Short Duration ETF by 2.1% during the second quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock worth $654,000 after buying an additional 271 shares during the period. Patton Albertson Miller Group LLC increased its position in shares of Invesco Ultra Short Duration ETF by 7.1% during the second quarter. Patton Albertson Miller Group LLC now owns 9,557 shares of the company’s stock worth $479,000 after buying an additional 635 shares during the period. Total Clarity Wealth Management Inc. raised its stake in Invesco Ultra Short Duration ETF by 63.9% during the second quarter. Total Clarity Wealth Management Inc. now owns 18,243 shares of the company’s stock worth $915,000 after buying an additional 7,115 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings 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 during the period.

Invesco Ultra Short Duration ETF Price Performance

Shares of Invesco Ultra Short Duration ETF stock opened at $50.32 on Thursday. Invesco Ultra Short Duration ETF has a 52 week low of $49.98 and a 52 week high of $50.38. The business has a 50 day moving average price of $50.27 and a 200-day moving average price of $50.20.

Analyst Upgrades and Downgrades

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

About Invesco Ultra Short Duration ETF

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.