Strait & Sound Wealth Management LLC Grows Stock Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Strait & Sound Wealth Management LLC lifted its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 219.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,875 shares of the company’s stock after buying an additional 10,905 shares during the quarter. Strait & Sound Wealth Management LLC’s holdings in Invesco Ultra Short Duration ETF were worth $797,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Comerica Bank grew its position in Invesco Ultra Short Duration ETF by 62.2% during the first quarter. Comerica Bank now owns 8,727 shares of the company’s stock valued at $435,000 after buying an additional 3,345 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 788.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,371,618 shares of the company’s stock valued at $68,444,000 after acquiring an additional 1,217,217 shares during the period. IFG Advisory LLC raised its holdings in Invesco Ultra Short Duration ETF by 10.7% in the 2nd quarter. IFG Advisory LLC now owns 21,605 shares of the company’s stock worth $1,078,000 after purchasing an additional 2,089 shares during the period. Ashton Thomas Private Wealth LLC raised its holdings in Invesco Ultra Short Duration ETF by 12.5% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 50,825 shares of the company’s stock worth $2,536,000 after purchasing an additional 5,663 shares during the period. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its position in Invesco Ultra Short Duration ETF by 90.0% during the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 12,552 shares of the company’s stock worth $626,000 after purchasing an additional 5,944 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Invesco Ultra Short Duration ETF stock opened at $50.18 on Tuesday. The business has a 50 day simple moving average of $50.14 and a 200-day simple moving average of $50.09. Invesco Ultra Short Duration ETF has a 12 month low of $49.71 and a 12 month 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.