Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Large Volume Increase

Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) saw unusually-strong trading volume on Tuesday . Approximately 357,626 shares changed hands during mid-day trading, a decline of 23% from the previous session’s volume of 463,732 shares.The stock last traded at $50.15 and had previously closed at $50.12.

Invesco Ultra Short Duration ETF Price Performance

The firm’s 50-day moving average price is $50.05 and its 200-day moving average price is $49.96.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

Institutional investors have recently made changes to their positions in the business. UBS Group AG increased its stake in Invesco Ultra Short Duration ETF by 33.4% during the 4th quarter. UBS Group AG now owns 336,364 shares of the company’s stock valued at $16,778,000 after purchasing an additional 84,275 shares in the last quarter. VitalStone Financial LLC purchased a new position in shares of Invesco Ultra Short Duration ETF in the fourth quarter worth $2,429,000. BlackDiamond Wealth Management LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 2.4% in the fourth quarter. BlackDiamond Wealth Management LLC now owns 11,112 shares of the company’s stock worth $555,000 after buying an additional 256 shares in the last quarter. Cetera Advisors LLC raised its stake in Invesco Ultra Short Duration ETF by 114.7% during the first quarter. Cetera Advisors LLC now owns 25,670 shares of the company’s stock valued at $1,281,000 after purchasing an additional 13,712 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in Invesco Ultra Short Duration ETF by 2.9% during the fourth quarter. Private Advisor Group LLC now owns 150,052 shares of the company’s stock valued at $7,485,000 after purchasing an additional 4,295 shares in the last quarter.

About Invesco Ultra Short Duration ETF

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.