Independent Advisor Alliance Boosts Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Independent Advisor Alliance raised its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 4,495.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 368,386 shares of the company’s stock after buying an additional 360,370 shares during the quarter. Independent Advisor Alliance owned approximately 0.94% of Invesco Ultra Short Duration ETF worth $18,460,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC grew its holdings in shares of Invesco Ultra Short Duration ETF by 24.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 127,504 shares of the company’s stock worth $6,389,000 after purchasing an additional 24,958 shares during the period. JPMorgan Chase & Co. lifted its position in Invesco Ultra Short Duration ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,327,178 shares of the company’s stock worth $66,598,000 after acquiring an additional 17,507 shares in the last quarter. Stifel Financial Corp lifted its position in Invesco Ultra Short Duration ETF by 172.6% during the 3rd quarter. Stifel Financial Corp now owns 117,836 shares of the company’s stock worth $5,913,000 after acquiring an additional 74,608 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $35,000. Finally, Ridgeline Wealth LLC acquired a new position in Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $736,000.

Invesco Ultra Short Duration ETF Price Performance

Invesco Ultra Short Duration ETF stock opened at $50.19 on Monday. The stock’s 50 day moving average price is $50.15 and its 200 day moving average price is $50.15. Invesco Ultra Short Duration ETF has a one year low of $49.75 and a one year high of $50.37.

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.