Capital Asset Advisory Services LLC Acquires 29,280 Shares of Invesco Ultra Short Duration ETF $GSY

Capital Asset Advisory Services LLC raised its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 3.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 833,386 shares of the company’s stock after acquiring an additional 29,280 shares during the period. Invesco Ultra Short Duration ETF makes up 1.8% of Capital Asset Advisory Services LLC’s holdings, making the stock its 19th largest position. Capital Asset Advisory Services LLC’s holdings in Invesco Ultra Short Duration ETF were worth $41,864,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AE Wealth Management LLC increased its holdings in Invesco Ultra Short Duration ETF by 88.3% in the second quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 293 shares during the last quarter. Parkside Financial Bank & Trust bought a new position in Invesco Ultra Short Duration ETF during the 2nd quarter worth approximately $45,000. Newbridge Financial Services Group Inc. grew its holdings in Invesco Ultra Short Duration ETF by 206.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,015 shares of the company’s stock valued at $51,000 after purchasing an additional 684 shares during the period. Farther Finance Advisors LLC increased its stake in Invesco Ultra Short Duration ETF by 1,422.4% in the second quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock valued at $112,000 after purchasing an additional 2,091 shares in the last quarter. Finally, Concorde Asset Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF during the first quarter worth $200,000.

Invesco Ultra Short Duration ETF Stock Up 0.1%

NYSEARCA:GSY opened at $50.34 on Tuesday. Invesco Ultra Short Duration ETF has a 52-week low of $49.98 and a 52-week high of $50.38. The stock’s 50-day simple moving average is $50.28 and its 200 day simple moving average is $50.23.

Wall Street Analysts Forecast Growth

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

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.