Freedom Investment Management Inc. Trims Stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Freedom Investment Management Inc. lowered its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 9.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,337 shares of the company’s stock after selling 2,618 shares during the quarter. Freedom Investment Management Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $1,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC increased its position in shares of Invesco Ultra Short Duration ETF by 4.8% during the third quarter. LPL Financial LLC now owns 2,406,049 shares of the company’s stock valued at $120,736,000 after buying an additional 109,682 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco Ultra Short Duration ETF by 788.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,371,618 shares of the company’s stock valued at $68,444,000 after buying an additional 1,217,217 shares during the period. Cetera Investment Advisers increased its position in shares of Invesco Ultra Short Duration ETF by 2,557.0% during the first quarter. Cetera Investment Advisers now owns 651,763 shares of the company’s stock valued at $32,516,000 after buying an additional 627,233 shares during the period. Axxcess Wealth Management LLC increased its position in shares of Invesco Ultra Short Duration ETF by 35.5% during the third quarter. Axxcess Wealth Management LLC now owns 630,911 shares of the company’s stock valued at $31,659,000 after buying an additional 165,168 shares during the period. Finally, Cetera Advisor Networks LLC increased its position in shares of Invesco Ultra Short Duration ETF by 22.7% during the first quarter. Cetera Advisor Networks LLC now owns 613,347 shares of the company’s stock valued at $30,600,000 after buying an additional 113,626 shares during the period.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY opened at $50.07 on Thursday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.71 and a fifty-two week high of $50.37. The firm’s 50-day simple moving average is $50.15 and its two-hundred day simple moving average is $50.08.

Invesco Ultra Short Duration ETF Company 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.