Drive Wealth Management LLC Buys 34,818 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Drive Wealth Management LLC increased its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 27.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,458 shares of the company’s stock after acquiring an additional 34,818 shares during the period. Invesco Ultra Short Duration ETF comprises approximately 2.1% of Drive Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Drive Wealth Management LLC owned about 0.42% of Invesco Ultra Short Duration ETF worth $8,202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GSY. Allworth Financial LP acquired a new stake in shares of Invesco Ultra Short Duration ETF during the 3rd quarter valued at about $34,000. Northwest Capital Management Inc grew its position in Invesco Ultra Short Duration ETF by 8,650.0% in the third quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock worth $35,000 after acquiring an additional 692 shares in the last quarter. Transcendent Capital Group LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 401.4% during the 1st quarter. Transcendent Capital Group LLC now owns 2,507 shares of the company’s stock worth $125,000 after purchasing an additional 2,007 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in shares of Invesco Ultra Short Duration ETF by 10.7% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock valued at $146,000 after purchasing an additional 280 shares in the last quarter. Finally, Archer Investment Corp acquired a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter valued at $147,000.

Invesco Ultra Short Duration ETF Stock Up 0.0 %

Shares of NYSEARCA:GSY opened at $50.21 on Monday. The business has a 50-day moving average of $50.19 and a two-hundred day moving average of $50.07. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.69 and a fifty-two week high of $50.37.

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.