Endowment Wealth Management Inc. Acquires 3,722 Shares of Invesco Ultra Short Duration ETF $GSY

Endowment Wealth Management Inc. grew its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 11.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,285 shares of the company’s stock after acquiring an additional 3,722 shares during the quarter. Endowment Wealth Management Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $1,769,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Total Clarity Wealth Management Inc. increased its holdings in shares of 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 valued at $915,000 after acquiring an additional 7,115 shares in the last quarter. Wealth Advisory Team LLC bought a new stake in shares of Invesco Ultra Short Duration ETF during the second quarter valued at approximately $355,000. Concurrent Investment Advisors LLC increased its holdings in shares of 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. Cyndeo Wealth Partners LLC increased its holdings in shares of Invesco Ultra Short Duration ETF by 1.2% during the second quarter. Cyndeo Wealth Partners LLC now owns 353,424 shares of the company’s stock valued at $17,721,000 after acquiring an additional 4,106 shares in the last quarter. Finally, Triasima Portfolio Management inc. bought a new stake in shares of Invesco Ultra Short Duration ETF during the second quarter valued at approximately $400,000.

Analysts Set New Price Targets

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

Invesco Ultra Short Duration ETF Price Performance

GSY stock opened at $50.31 on Monday. The stock’s fifty day simple moving average is $50.25 and its two-hundred day simple moving average is $50.17. Invesco Ultra Short Duration ETF has a 1-year low of $49.98 and a 1-year high of $50.38.

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.