Creative Planning Has $8.43 Million Stock Position in Invesco Ultra Short Duration ETF $GSY

Creative Planning reduced its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 5.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 168,035 shares of the company’s stock after selling 9,638 shares during the quarter. Creative Planning’s holdings in Invesco Ultra Short Duration ETF were worth $8,425,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GSY. AE Wealth Management LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 88.3% in the 2nd quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock valued at $31,000 after acquiring an additional 293 shares in the last quarter. Parkside Financial Bank & Trust acquired a new stake in Invesco Ultra Short Duration ETF in the second quarter worth $45,000. Harbour Investments Inc. increased its stake in Invesco Ultra Short Duration ETF by 186.2% in the first quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock valued at $110,000 after purchasing an additional 1,432 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Invesco Ultra Short Duration ETF by 1,422.4% during the second quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock valued at $112,000 after purchasing an additional 2,091 shares during the period. Finally, Concorde Asset Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF during the 1st quarter worth about $200,000.

Invesco Ultra Short Duration ETF Stock Performance

GSY stock opened at $50.33 on Thursday. Invesco Ultra Short Duration ETF has a twelve month low of $49.98 and a twelve month high of $50.38. The stock’s 50 day moving average is $50.28 and its 200-day moving average is $50.20.

Wall Street Analyst Weigh In

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

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.