Wealth Advisory Team LLC Makes New Investment in Invesco Ultra Short Duration ETF $GSY

Wealth Advisory Team LLC bought a new position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,079 shares of the company’s stock, valued at approximately $355,000.

Several other hedge funds also recently bought and sold shares of the company. Freedom Investment Management Inc. increased its position in Invesco Ultra Short Duration ETF by 0.9% in the 1st quarter. Freedom Investment Management Inc. now owns 25,276 shares of the company’s stock worth $1,267,000 after purchasing an additional 221 shares during the last quarter. Comerica Bank boosted its stake in shares of Invesco Ultra Short Duration ETF by 2.9% during the 1st quarter. Comerica Bank now owns 9,591 shares of the company’s stock worth $481,000 after acquiring an additional 266 shares in the last quarter. Wagner Wealth Management LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 2.1% during the 2nd quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock worth $654,000 after acquiring an additional 271 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,587 shares of the company’s stock worth $230,000 after acquiring an additional 357 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 0.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 158,394 shares of the company’s stock worth $7,942,000 after acquiring an additional 453 shares in the last quarter.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upgraded shares of Invesco Ultra Short Duration ETF to a “hold” rating in a research note on Wednesday, October 1st.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA:GSY opened at $50.31 on Friday. Invesco Ultra Short Duration ETF has a 1-year low of $49.98 and a 1-year high of $50.38. The business’s 50 day moving average is $50.25 and its 200-day moving average is $50.17.

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.