Legacy Wealth Partners LLC Makes New Investment in Invesco Ultra Short Duration ETF $GSY

Legacy Wealth Partners LLC bought a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 13,936 shares of the company’s stock, valued at approximately $698,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Tucker Asset Management LLC acquired a new position in Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $25,000. Rossby Financial LCC acquired a new position in Invesco Ultra Short Duration ETF during the third quarter worth $31,000. Motiv8 Investments LLC acquired a new position in Invesco Ultra Short Duration ETF during the fourth quarter worth $31,000. Lodestone Wealth Management LLC bought a new position in Invesco Ultra Short Duration ETF in the fourth quarter valued at $33,000. Finally, Beacon Capital Management Inc. increased its stake in Invesco Ultra Short Duration ETF by 302.4% in the 4th quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock valued at $34,000 after buying an additional 514 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Invesco Ultra Short Duration ETF stock opened at $50.10 on Wednesday. The firm has a 50-day moving average of $50.17 and a 200-day moving average of $50.22. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39.

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.