Invesco Ultra Short Duration ETF $GSY Stake Lessened by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. cut its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 24.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 13,137 shares of the company’s stock after selling 4,219 shares during the period. Collaborative Wealth Managment Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $659,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GSY. Wagner Wealth Management LLC increased its position in Invesco Ultra Short Duration ETF by 2.1% in the 2nd quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock worth $654,000 after purchasing an additional 271 shares during the last quarter. Patton Albertson Miller Group LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 7.1% during the 2nd 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 during the last quarter. Total Clarity Wealth Management Inc. grew its stake in shares of Invesco Ultra Short Duration ETF by 63.9% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 18,243 shares of the company’s stock valued at $915,000 after buying an additional 7,115 shares in the last quarter. Truist Financial Corp increased 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 worth $5,465,000 after buying an additional 7,626 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in Invesco Ultra Short Duration ETF by 0.3% during the second quarter. Concurrent Investment Advisors LLC now owns 158,394 shares of the company’s stock valued at $7,942,000 after acquiring an additional 453 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

GSY opened at $50.31 on Friday. The business has a 50 day moving average of $50.28 and a 200-day moving average of $50.20. Invesco Ultra Short Duration ETF has a 1-year low of $49.98 and a 1-year high of $50.38.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada upgraded shares of Invesco Ultra Short Duration ETF to a “hold” rating in a research note 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.