Strait & Sound Wealth Management LLC Buys 18,403 Shares of Invesco Ultra Short Duration ETF $GSY

Strait & Sound Wealth Management LLC boosted its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 76.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,588 shares of the company’s stock after purchasing an additional 18,403 shares during the quarter. Invesco Ultra Short Duration ETF makes up 0.9% of Strait & Sound Wealth Management LLC’s investment portfolio, making the stock its 24th largest position. Strait & Sound Wealth Management LLC owned about 0.08% of Invesco Ultra Short Duration ETF worth $2,135,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. GenTrust LLC bought a new position in Invesco Ultra Short Duration ETF in the 2nd quarter worth about $1,543,000. D.A. Davidson & CO. boosted its stake in Invesco Ultra Short Duration ETF by 4.7% in the 2nd quarter. D.A. Davidson & CO. now owns 72,186 shares of the company’s stock worth $3,619,000 after purchasing an additional 3,211 shares during the period. Avidian Wealth Enterprises LLC bought a new position in Invesco Ultra Short Duration ETF in the 2nd quarter worth about $531,000. International Assets Investment Management LLC bought a new position in Invesco Ultra Short Duration ETF in the 2nd quarter worth about $308,000. Finally, Stratos Wealth Partners LTD. boosted its stake in Invesco Ultra Short Duration ETF by 18.1% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 14,773 shares of the company’s stock worth $741,000 after purchasing an additional 2,264 shares during the period.

Invesco Ultra Short Duration ETF Stock Up 0.0%

Shares of Invesco Ultra Short Duration ETF stock opened at $50.23 on Friday. The business’s 50 day simple moving average is $50.25 and its two-hundred day simple moving average is $50.18. Invesco Ultra Short Duration ETF has a one year low of $49.98 and a one year high of $50.38.

Wall Street Analysts Forecast Growth

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 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.