Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $49.94 and last traded at $49.9450, with a volume of 42915 shares changing hands. The stock had previously closed at $50.09.
Invesco Ultra Short Duration ETF Stock Performance
The business has a 50-day moving average price of $50.16 and a 200 day moving average price of $50.17.
Institutional Investors Weigh In On Invesco Ultra Short Duration ETF
A number of institutional investors and hedge funds have recently modified their holdings of GSY. Bank of America Corp DE lifted its holdings in shares of Invesco Ultra Short Duration ETF by 152.9% during the first quarter. Bank of America Corp DE now owns 2,893,767 shares of the company’s stock valued at $145,036,000 after purchasing an additional 1,749,388 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in Invesco Ultra Short Duration ETF by 228.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 750,546 shares of the company’s stock worth $37,640,000 after purchasing an additional 522,149 shares in the last quarter. Royal Bank of Canada increased its stake in Invesco Ultra Short Duration ETF by 588.2% in the 1st quarter. Royal Bank of Canada now owns 529,112 shares of the company’s stock worth $26,519,000 after purchasing an additional 452,227 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in Invesco Ultra Short Duration ETF by 41.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 1,352,189 shares of the company’s stock worth $67,947,000 after buying an additional 398,081 shares during the period. Finally, Royal Harbor Partners LLC acquired a new stake in Invesco Ultra Short Duration ETF during the 1st quarter worth about $14,257,000.
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.
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