Integrated Wealth Concepts LLC Cuts Position in Invesco Ultra Short Duration ETF $GSY

Integrated Wealth Concepts LLC cut its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 37.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,799 shares of the company’s stock after selling 19,989 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco Ultra Short Duration ETF were worth $1,695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GSY. RFG Advisory LLC boosted its position in Invesco Ultra Short Duration ETF by 17.4% in the second quarter. RFG Advisory LLC now owns 14,013 shares of the company’s stock worth $703,000 after purchasing an additional 2,078 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco Ultra Short Duration ETF by 42.9% during the 2nd quarter. NewEdge Advisors LLC now owns 109,011 shares of the company’s stock valued at $5,467,000 after purchasing an additional 32,747 shares during the last quarter. IFP Advisors Inc increased its position in shares of Invesco Ultra Short Duration ETF by 28.3% during the 2nd quarter. IFP Advisors Inc now owns 24,012 shares of the company’s stock valued at $1,204,000 after purchasing an additional 5,292 shares during the last quarter. Beacon Investment Advisory Services Inc. raised its stake in shares of Invesco Ultra Short Duration ETF by 69.5% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 104,702 shares of the company’s stock worth $5,251,000 after purchasing an additional 42,930 shares during the period. Finally, Waverly Advisors LLC bought a new stake in shares of Invesco Ultra Short Duration ETF during the 2nd quarter worth $6,152,000.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA:GSY opened at $50.12 on Wednesday. The company’s 50-day moving average is $50.16 and its 200 day moving average is $50.17. Invesco Ultra Short Duration ETF has a fifty-two week low of $50.05 and a fifty-two week high of $50.39.

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.