Invesco Ultra Short Duration ETF $GSY Shares Sold by Advocate Investing Services LLC

Advocate Investing Services LLC cut its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 16.2% during the first quarter, Holdings Channel.com reports. The firm owned 270,079 shares of the company’s stock after selling 52,215 shares during the quarter. Invesco Ultra Short Duration ETF makes up approximately 11.5% of Advocate Investing Services LLC’s portfolio, making the stock its biggest position. Advocate Investing Services LLC’s holdings in Invesco Ultra Short Duration ETF were worth $13,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Invesco Ultra Short Duration ETF in the 4th quarter valued at $31,000. Lodestone Wealth Management LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the 4th quarter worth $33,000. Beacon Capital Management Inc. grew its holdings in shares of Invesco Ultra Short Duration ETF by 302.4% during the 4th quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock worth $34,000 after purchasing an additional 514 shares during the period. Finally, SHP Wealth Management acquired a new stake in shares of Invesco Ultra Short Duration ETF during the 4th quarter worth about $35,000.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA:GSY opened at $50.13 on Friday. Invesco Ultra Short Duration ETF has a 12-month low of $50.05 and a 12-month high of $50.39. The business has a 50-day moving average price of $50.16 and a 200 day moving average price 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.