Bleakley Financial Group LLC Sells 10,214 Shares of Invesco Ultra Short Duration ETF $GSY

Bleakley Financial Group LLC trimmed its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 10.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 83,493 shares of the company’s stock after selling 10,214 shares during the quarter. Bleakley Financial Group LLC owned about 0.15% of Invesco Ultra Short Duration ETF worth $4,186,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Invesco Ultra Short Duration ETF during the 1st quarter worth about $923,000. Envestnet Asset Management Inc. raised its stake in Invesco Ultra Short Duration ETF by 6.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 368,233 shares of the company’s stock worth $18,456,000 after buying an additional 23,838 shares during the period. Wagner Wealth Management LLC boosted its holdings in Invesco Ultra Short Duration ETF by 2.1% in the second 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. Patton Albertson Miller Group LLC boosted its holdings in Invesco Ultra Short Duration ETF by 7.1% in the second quarter. Patton Albertson Miller Group LLC now owns 9,557 shares of the company’s stock worth $479,000 after acquiring an additional 635 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its stake in Invesco Ultra Short Duration ETF by 63.9% in the second quarter. Total Clarity Wealth Management Inc. now owns 18,243 shares of the company’s stock valued at $915,000 after acquiring an additional 7,115 shares during the period.

Analysts Set New Price Targets

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

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA:GSY opened at $50.22 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 has a fifty day simple moving average of $50.25 and a two-hundred day simple moving average of $50.18.

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.