Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Large Volume Increase – Still a Buy?

Invesco Ultra Short Duration ETF (NYSEARCA:GSYGet Free Report) saw unusually-high trading volume on Monday . Approximately 853,751 shares were traded during mid-day trading, an increase of 8% from the previous session’s volume of 787,447 shares.The stock last traded at $50.1250 and had previously closed at $50.10.

Invesco Ultra Short Duration ETF Stock Down 0.0%

The company has a 50 day simple moving average of $50.16 and a two-hundred day simple moving average of $50.17.

Hedge Funds Weigh In On Invesco Ultra Short Duration ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. NFSG Corp boosted its stake in Invesco Ultra Short Duration ETF by 30.0% during the 1st quarter. NFSG Corp now owns 1,349 shares of the company’s stock worth $68,000 after purchasing an additional 311 shares during the last quarter. KWB Wealth raised its position in shares of Invesco Ultra Short Duration ETF by 3.7% in the second quarter. KWB Wealth now owns 8,990 shares of the company’s stock valued at $451,000 after buying an additional 317 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Invesco Ultra Short Duration ETF by 5.0% in the first quarter. Chicago Partners Investment Group LLC now owns 7,255 shares of the company’s stock valued at $364,000 after buying an additional 345 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Invesco Ultra Short Duration ETF by 15.6% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,175 shares of the company’s stock worth $159,000 after buying an additional 429 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of Invesco Ultra Short Duration ETF by 24.5% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $117,000 after buying an additional 460 shares in the last quarter.

Invesco Ultra Short Duration ETF Company Profile

(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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