Fifth Third Bancorp Increases Holdings in Invesco Ultra Short Duration ETF $GSY

Fifth Third Bancorp boosted its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 13,047.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,085 shares of the company’s stock after purchasing an additional 59,628 shares during the period. Fifth Third Bancorp’s holdings in Invesco Ultra Short Duration ETF were worth $3,011,000 as of its most recent SEC filing.

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

NYSEARCA:GSY opened at $50.08 on Tuesday. The firm has a 50 day simple moving average of $50.17 and a 200-day simple moving average of $50.21. Invesco Ultra Short Duration ETF has a 1-year low of $50.05 and a 1-year high of $50.39.

About Invesco Ultra Short Duration ETF

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.