Flagship Harbor Advisors LLC Sells 41,368 Shares of Invesco Ultra Short Duration ETF $GSY

Flagship Harbor Advisors LLC reduced its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 17.3% in the 3rd quarter, Holdings Channel reports. The firm owned 197,350 shares of the company’s stock after selling 41,368 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $9,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Invesco Ultra Short Duration ETF by 42.1% in the second quarter. Envestnet Asset Management Inc. now owns 903,256 shares of the company’s stock valued at $45,298,000 after acquiring an additional 267,572 shares during the period. Concurrent Investment Advisors LLC raised its position in Invesco Ultra Short Duration ETF by 228.6% in the second quarter. Concurrent Investment Advisors LLC now owns 750,546 shares of the company’s stock worth $37,640,000 after purchasing an additional 522,149 shares in the last quarter. Waverly Advisors LLC bought a new position in Invesco Ultra Short Duration ETF during the second quarter worth about $6,152,000. Beacon Investment Advisory Services Inc. lifted its stake in Invesco Ultra Short Duration ETF by 69.5% during the second 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, Private Advisor Group LLC lifted its stake in Invesco Ultra Short Duration ETF by 22.0% during the first quarter. Private Advisor Group LLC now owns 286,177 shares of the company’s stock worth $14,343,000 after purchasing an additional 51,594 shares during the period.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA GSY opened at $49.96 on Tuesday. The stock’s 50 day moving average is $50.06 and its two-hundred day moving average is $50.16. Invesco Ultra Short Duration ETF has a 1-year low of $49.90 and a 1-year high of $50.39.

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.