Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Hits New 12-Month Low – Here’s What Happened

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $49.90 and last traded at $49.9050, with a volume of 275339 shares trading hands. The stock had previously closed at $49.93.

Invesco Ultra Short Duration ETF Stock Down 0.1%

The company’s fifty day moving average is $50.13 and its 200 day moving average is $50.16.

Institutional Trading of Invesco Ultra Short Duration ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. NFSG Corp boosted its stake in Invesco Ultra Short Duration ETF by 30.0% during the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after buying an additional 311 shares during the period. KWB Wealth raised its stake in Invesco Ultra Short Duration ETF by 3.7% in the second quarter. KWB Wealth now owns 8,990 shares of the company’s stock valued at $451,000 after purchasing an additional 317 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Invesco Ultra Short Duration ETF by 5.0% in the first quarter. Chicago Partners Investment Group LLC now owns 7,255 shares of the company’s stock valued at $364,000 after purchasing an additional 345 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in Invesco Ultra Short Duration ETF by 15.6% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,175 shares of the company’s stock valued at $159,000 after purchasing an additional 429 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in Invesco Ultra Short Duration ETF by 24.5% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $117,000 after purchasing an additional 460 shares during the last quarter.

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.