Concurrent Investment Advisors LLC Grows Stock Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Concurrent Investment Advisors LLC grew its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 216.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 160,643 shares of the company’s stock after buying an additional 109,881 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $8,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Allworth Financial LP purchased a new stake in shares of Invesco Ultra Short Duration ETF during the 3rd quarter valued at $34,000. Northwest Capital Management Inc boosted its stake in shares of Invesco Ultra Short Duration ETF by 8,650.0% during the third quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock valued at $35,000 after purchasing an additional 692 shares during the period. Transcendent Capital Group LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 401.4% in the first quarter. Transcendent Capital Group LLC now owns 2,507 shares of the company’s stock worth $125,000 after buying an additional 2,007 shares during the period. Concourse Financial Group Securities Inc. raised its holdings in Invesco Ultra Short Duration ETF by 10.7% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock valued at $146,000 after buying an additional 280 shares during the last quarter. Finally, Lake Street Private Wealth LLC purchased a new stake in Invesco Ultra Short Duration ETF during the 3rd quarter valued at $214,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY stock remained flat at $50.15 during midday trading on Wednesday. The company’s stock had a trading volume of 89,722 shares, compared to its average volume of 478,650. Invesco Ultra Short Duration ETF has a 1 year low of $49.69 and a 1 year high of $50.37. The company has a 50-day simple moving average of $50.18 and a 200 day simple moving average of $50.05.

Invesco Ultra Short Duration ETF 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.