Axxcess Wealth Management LLC Has $67.95 Million Stock Holdings in Invesco Ultra Short Duration ETF $GSY

Axxcess Wealth Management LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 41.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,352,189 shares of the company’s stock after acquiring an additional 398,081 shares during the period. Invesco Ultra Short Duration ETF makes up about 0.8% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position. Axxcess Wealth Management LLC owned 2.07% of Invesco Ultra Short Duration ETF worth $67,947,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in GSY. UBS Group AG lifted its stake in Invesco Ultra Short Duration ETF by 15.8% during the fourth quarter. UBS Group AG now owns 1,567,074 shares of the company’s stock worth $78,745,000 after purchasing an additional 213,271 shares during the period. Bank of America Corp DE boosted its holdings in Invesco Ultra Short Duration ETF by 35.3% during the second quarter. Bank of America Corp DE now owns 1,560,270 shares of the company’s stock valued at $78,232,000 after purchasing an additional 406,664 shares in the last quarter. Annex Advisory Services LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter valued at approximately $78,124,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco Ultra Short Duration ETF by 673.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,531,312 shares of the company’s stock valued at $76,948,000 after purchasing an additional 1,333,336 shares during the period. Finally, Capital Asset Advisory Services LLC raised its holdings in shares of Invesco Ultra Short Duration ETF by 49.9% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,249,389 shares of the company’s stock worth $62,832,000 after buying an additional 416,003 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Invesco Ultra Short Duration ETF stock opened at $50.25 on Friday. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39. The business has a 50 day simple moving average of $50.17 and a 200 day simple moving average of $50.22.

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.