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

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) shares saw unusually-high trading volume on Monday . Approximately 907,783 shares were traded during mid-day trading, an increase of 89% from the previous session’s volume of 479,756 shares.The stock last traded at $50.12 and had previously closed at $50.09.

Invesco Ultra Short Duration ETF Stock Up 0.0 %

The business has a 50 day simple moving average of $50.14 and a 200-day simple moving average of $50.08.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GSY. VitalStone Financial LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 5.1% in the second quarter. VitalStone Financial LLC now owns 4,889 shares of the company’s stock valued at $244,000 after purchasing an additional 238 shares during the period. Concourse Financial Group Securities Inc. grew its stake in shares of Invesco Ultra Short Duration ETF by 10.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock worth $146,000 after acquiring an additional 280 shares in the last quarter. Private Trust Co. NA increased its position in shares of Invesco Ultra Short Duration ETF by 5.0% during the third quarter. Private Trust Co. NA now owns 14,088 shares of the company’s stock worth $707,000 after acquiring an additional 668 shares during the period. Allworth Financial LP purchased a new stake in shares of Invesco Ultra Short Duration ETF during the third quarter worth $34,000. Finally, Northwest Capital Management Inc raised its stake in shares of Invesco Ultra Short Duration ETF by 8,650.0% in the third quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock valued at $35,000 after acquiring an additional 692 shares in the last quarter.

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.