Beacon Investment Advisory Services Inc. Buys 59,033 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Beacon Investment Advisory Services Inc. lifted its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 92.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 122,792 shares of the company’s stock after acquiring an additional 59,033 shares during the quarter. Beacon Investment Advisory Services Inc. owned about 0.31% of Invesco Ultra Short Duration ETF worth $6,153,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Concourse Financial Group Securities Inc. boosted its holdings in Invesco Ultra Short Duration ETF by 10.7% during the third quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock valued at $146,000 after acquiring an additional 280 shares during the period. Koshinski Asset Management Inc. lifted its position in shares of Invesco Ultra Short Duration ETF by 10.0% during the 4th quarter. Koshinski Asset Management Inc. now owns 5,174 shares of the company’s stock worth $259,000 after purchasing an additional 469 shares during the last quarter. Sovereign Financial Group Inc. boosted its stake in Invesco Ultra Short Duration ETF by 1.5% during the 4th quarter. Sovereign Financial Group Inc. now owns 33,019 shares of the company’s stock valued at $1,655,000 after purchasing an additional 488 shares during the period. Private Trust Co. NA grew its holdings in Invesco Ultra Short Duration ETF by 5.0% in the 3rd quarter. Private Trust Co. NA now owns 14,088 shares of the company’s stock valued at $707,000 after buying an additional 668 shares during the last quarter. Finally, Allworth Financial LP bought a new position in Invesco Ultra Short Duration ETF in the 3rd quarter worth approximately $34,000.

Invesco Ultra Short Duration ETF Stock Down 0.0 %

Shares of GSY opened at $50.03 on Thursday. The company has a 50-day simple moving average of $50.12 and a 200-day simple moving average of $50.13. Invesco Ultra Short Duration ETF has a 52 week low of $49.75 and a 52 week high of $50.37.

Invesco Ultra Short Duration ETF 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.