Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSYGet Free Report) saw unusually-strong trading volume on Monday . Approximately 2,729,799 shares traded hands during trading, an increase of 237% from the previous session’s volume of 809,543 shares.The stock last traded at $50.16 and had previously closed at $50.13.

Invesco Ultra Short Duration ETF Stock Up 0.0%

The company has a 50 day moving average of $50.16 and a two-hundred day moving average of $50.22.

Institutional Trading of Invesco Ultra Short Duration ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GSY. Western Wealth Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the 1st quarter worth about $485,000. Curry Webb Wealth Management LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the first quarter valued at approximately $11,101,000. NewEdge Advisors LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 31.0% in the 1st quarter. NewEdge Advisors LLC now owns 76,264 shares of the company’s stock worth $3,822,000 after purchasing an additional 18,039 shares in the last quarter. Arete Wealth Advisors LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 38.2% in the 1st quarter. Arete Wealth Advisors LLC now owns 15,806 shares of the company’s stock worth $792,000 after purchasing an additional 4,370 shares in the last quarter. Finally, Norris Financial Group LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF in the 1st quarter worth approximately $7,096,000.

About Invesco Ultra Short Duration ETF

(Get Free Report)

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.

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