Johnson Bixby & Associates LLC Grows Stake in Invesco Ultra Short Duration ETF $GSY

Johnson Bixby & Associates LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 8.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 349,218 shares of the company’s stock after acquiring an additional 27,641 shares during the period. Invesco Ultra Short Duration ETF accounts for approximately 2.2% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 11th biggest holding. Johnson Bixby & Associates LLC owned approximately 0.59% of Invesco Ultra Short Duration ETF worth $17,543,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its holdings in Invesco Ultra Short Duration ETF by 88.3% during the second quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 293 shares in the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of Invesco Ultra Short Duration ETF in the 2nd quarter valued at $45,000. Newbridge Financial Services Group Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 206.6% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,015 shares of the company’s stock valued at $51,000 after buying an additional 684 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in Invesco Ultra Short Duration ETF during the 3rd quarter worth $97,000. Finally, Farther Finance Advisors LLC raised its stake in Invesco Ultra Short Duration ETF by 1,422.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock worth $112,000 after acquiring an additional 2,091 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Invesco Ultra Short Duration ETF stock opened at $50.20 on Friday. The stock has a 50 day moving average of $50.27 and a two-hundred day moving average of $50.23. Invesco Ultra Short Duration ETF has a twelve month low of $49.98 and a twelve month high of $50.38.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised Invesco Ultra Short Duration ETF to a “hold” rating in a report on Wednesday, October 1st.

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.