31,066 Shares of Invesco Ultra Short Duration ETF $GSY Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 31,066 shares of the company’s stock, valued at approximately $1,551,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its stake in shares of Invesco Ultra Short Duration ETF by 42.1% during 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 in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of 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 valued at $37,640,000 after purchasing an additional 522,149 shares during the period. Waverly Advisors LLC bought a new position in Invesco Ultra Short Duration ETF in the second quarter worth approximately $6,152,000. Beacon Investment Advisory Services Inc. grew its stake in Invesco Ultra Short Duration ETF by 69.5% in 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 in the last quarter. Finally, Curry Webb Wealth Management LLC bought a new position in Invesco Ultra Short Duration ETF in the first quarter worth approximately $11,101,000.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA GSY opened at $50.03 on Monday. Invesco Ultra Short Duration ETF has a twelve month low of $49.90 and a twelve month high of $50.39. The business has a fifty day simple moving average of $50.04 and a two-hundred day simple moving average of $50.16.

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.