233,300 Shares in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Bought by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC acquired a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the fourth quarter, HoldingsChannel reports. The firm acquired 233,300 shares of the company’s stock, valued at approximately $11,691,000. Invesco Ultra Short Duration ETF comprises 6.3% of Capstone Wealth Management Group LLC’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds have also added to or reduced their stakes in GSY. KWB Wealth raised its stake in Invesco Ultra Short Duration ETF by 34.0% in the 4th quarter. KWB Wealth now owns 8,181 shares of the company’s stock worth $411,000 after purchasing an additional 2,076 shares in the last quarter. McNaughton Wealth Management LLC lifted its position in shares of Invesco Ultra Short Duration ETF by 32.8% during the 4th quarter. McNaughton Wealth Management LLC now owns 113,510 shares of the company’s stock valued at $5,688,000 after acquiring an additional 28,055 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of Invesco Ultra Short Duration ETF during the 4th quarter valued at $35,000. Watts Gwilliam & Co. LLC raised its holdings in Invesco Ultra Short Duration ETF by 13.0% during the fourth quarter. Watts Gwilliam & Co. LLC now owns 9,048 shares of the company’s stock worth $454,000 after buying an additional 1,044 shares during the last quarter. Finally, Private Client Services LLC raised its holdings in Invesco Ultra Short Duration ETF by 33.7% during the fourth quarter. Private Client Services LLC now owns 8,476 shares of the company’s stock worth $425,000 after buying an additional 2,138 shares during the last quarter.

Invesco Ultra Short Duration ETF Trading Up 0.0 %

Shares of GSY stock opened at $50.17 on Wednesday. The firm has a 50-day moving average of $50.12 and a 200-day moving average of $50.12. Invesco Ultra Short Duration ETF has a one year low of $49.75 and a one year high of $50.37.

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.