Gradient Investments LLC Purchases 26,390 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Gradient Investments LLC raised its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 1.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,405,565 shares of the company’s stock after acquiring an additional 26,390 shares during the period. Invesco Ultra Short Duration ETF makes up about 1.4% of Gradient Investments LLC’s holdings, making the stock its 18th largest position. Gradient Investments LLC owned 3.58% of Invesco Ultra Short Duration ETF worth $70,433,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GSY. Beacon Investment Advisory Services Inc. raised its holdings in shares of Invesco Ultra Short Duration ETF by 92.6% in the 4th quarter. Beacon Investment Advisory Services Inc. now owns 122,792 shares of the company’s stock worth $6,153,000 after acquiring an additional 59,033 shares during the last quarter. Mutual Advisors LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 40.1% in the fourth quarter. Mutual Advisors LLC now owns 35,010 shares of the company’s stock valued at $1,757,000 after purchasing an additional 10,019 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 24.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 127,504 shares of the company’s stock valued at $6,389,000 after buying an additional 24,958 shares during the last quarter. Koshinski Asset Management Inc. grew its holdings in Invesco Ultra Short Duration ETF by 10.0% during the fourth quarter. Koshinski Asset Management Inc. now owns 5,174 shares of the company’s stock worth $259,000 after buying an additional 469 shares in the last quarter. Finally, Lionsbridge Wealth Management LLC raised its position in Invesco Ultra Short Duration ETF by 246.1% in the 4th quarter. Lionsbridge Wealth Management LLC now owns 58,432 shares of the company’s stock valued at $2,928,000 after buying an additional 41,549 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Up 0.1 %

GSY opened at $50.07 on Friday. Invesco Ultra Short Duration ETF has a 1 year low of $49.75 and a 1 year high of $50.37. The firm’s fifty day moving average price is $50.12 and its two-hundred day moving average price is $50.13.

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.