Ridgeline Wealth LLC Takes Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Ridgeline Wealth LLC bought a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,692 shares of the company’s stock, valued at approximately $736,000. Invesco Ultra Short Duration ETF comprises approximately 0.6% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors have also recently made changes to their positions in the business. Stifel Financial Corp grew its position in Invesco Ultra Short Duration ETF by 172.6% during the 3rd quarter. Stifel Financial Corp now owns 117,836 shares of the company’s stock worth $5,913,000 after purchasing an additional 74,608 shares during the period. JPMorgan Chase & Co. grew its holdings in Invesco Ultra Short Duration ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 1,327,178 shares of the company’s stock worth $66,598,000 after acquiring an additional 17,507 shares during the period. Consolidated Portfolio Review Corp raised its position in Invesco Ultra Short Duration ETF by 4.8% during the third quarter. Consolidated Portfolio Review Corp now owns 66,344 shares of the company’s stock valued at $3,329,000 after acquiring an additional 3,045 shares in the last quarter. EdgeRock Capital LLC lifted its holdings in Invesco Ultra Short Duration ETF by 48.4% in the third quarter. EdgeRock Capital LLC now owns 6,651 shares of the company’s stock valued at $334,000 after acquiring an additional 2,170 shares during the period. Finally, Fifth Third Securities Inc. boosted its position in Invesco Ultra Short Duration ETF by 32.8% in the 3rd quarter. Fifth Third Securities Inc. now owns 183,325 shares of the company’s stock worth $9,199,000 after purchasing an additional 45,292 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA GSY traded up $0.02 during midday trading on Monday, reaching $50.14. 449,208 shares of the stock were exchanged, compared to its average volume of 565,097. The firm has a 50-day simple moving average of $50.12 and a two-hundred day simple moving average of $50.11. Invesco Ultra Short Duration ETF has a twelve month low of $49.75 and a twelve month high of $50.37.

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.