Sequoia Financial Advisors LLC Sells 10,837 Shares of Invesco Ultra Short Duration ETF $GSY

Sequoia Financial Advisors LLC trimmed its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 11.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,089 shares of the company’s stock after selling 10,837 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $4,164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in GSY. Hilltop Holdings Inc. increased its stake in shares of Invesco Ultra Short Duration ETF by 2.1% in the fourth quarter. Hilltop Holdings Inc. now owns 11,615 shares of the company’s stock valued at $584,000 after buying an additional 244 shares during the period. Regatta Capital Group LLC grew its holdings in Invesco Ultra Short Duration ETF by 0.7% during the 4th quarter. Regatta Capital Group LLC now owns 36,799 shares of the company’s stock worth $1,849,000 after acquiring an additional 264 shares during the last quarter. Parallel Advisors LLC grew its holdings in Invesco Ultra Short Duration ETF by 6.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock worth $245,000 after acquiring an additional 300 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in Invesco Ultra Short Duration ETF by 2.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 14,838 shares of the company’s stock valued at $746,000 after acquiring an additional 338 shares during the period. Finally, Private Client Services LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 3.2% during the fourth quarter. Private Client Services LLC now owns 11,375 shares of the company’s stock valued at $572,000 after acquiring an additional 354 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA:GSY opened at $50.20 on Tuesday. Invesco Ultra Short Duration ETF has a 52 week low of $50.05 and a 52 week high of $50.39. The firm’s fifty day moving average is $50.17 and its 200-day moving average is $50.21.

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.