Sovereign Financial Group Inc. Increases Stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Sovereign Financial Group Inc. raised its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,019 shares of the company’s stock after purchasing an additional 488 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $1,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in shares of Invesco Ultra Short Duration ETF in the third quarter valued at approximately $34,000. Northwest Capital Management Inc grew its stake in Invesco Ultra Short Duration ETF by 8,650.0% in the 3rd quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock valued at $35,000 after buying an additional 692 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in Invesco Ultra Short Duration ETF during the 4th quarter valued at $35,000. Concourse Financial Group Securities Inc. lifted its position in shares of Invesco Ultra Short Duration ETF by 10.7% during the third quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock worth $146,000 after acquiring an additional 280 shares in the last quarter. Finally, Archer Investment Corp bought a new position in shares of Invesco Ultra Short Duration ETF in the third quarter worth $147,000.

Invesco Ultra Short Duration ETF Trading Up 0.0 %

Shares of NYSEARCA GSY opened at $50.17 on Wednesday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.37. The stock has a fifty day moving average of $50.12 and a 200-day moving average of $50.12.

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.