Archer Investment Corp Purchases Shares of 2,931 Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Archer Investment Corp purchased a new position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the 3rd quarter, HoldingsChannel reports. The fund purchased 2,931 shares of the company’s stock, valued at approximately $147,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allworth Financial LP bought a new stake in Invesco Ultra Short Duration ETF in the 3rd quarter worth approximately $34,000. Northwest Capital Management Inc lifted its stake in Invesco Ultra Short Duration ETF by 8,650.0% in the third quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock worth $35,000 after purchasing an additional 692 shares during the last quarter. Transcendent Capital Group LLC boosted its position in Invesco Ultra Short Duration ETF by 401.4% during the first quarter. Transcendent Capital Group LLC now owns 2,507 shares of the company’s stock valued at $125,000 after buying an additional 2,007 shares during the period. Concourse Financial Group Securities Inc. grew its stake 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 valued at $146,000 after buying an additional 280 shares during the last quarter. Finally, Lake Street Private Wealth LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter valued at about $214,000.

Invesco Ultra Short Duration ETF Trading Up 0.0 %

Shares of GSY stock opened at $50.21 on Friday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.69 and a fifty-two week high of $50.37. The stock has a 50 day moving average price of $50.19 and a two-hundred day moving average price of $50.07.

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.