Fifth Third Securities Inc. Boosts Stock Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Fifth Third Securities Inc. raised its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 61.3% in the 4th quarter, Holdings Channel reports. The fund owned 295,703 shares of the company’s stock after acquiring an additional 112,378 shares during the quarter. Invesco Ultra Short Duration ETF accounts for approximately 1.3% of Fifth Third Securities Inc.’s portfolio, making the stock its 16th biggest position. Fifth Third Securities Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $14,818,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Invesco Ultra Short Duration ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,327,178 shares of the company’s stock valued at $66,598,000 after acquiring an additional 17,507 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Invesco Ultra Short Duration ETF by 24.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 127,504 shares of the company’s stock worth $6,389,000 after purchasing an additional 24,958 shares during the period. Stifel Financial Corp increased its position in Invesco Ultra Short Duration ETF by 172.6% during the 3rd quarter. Stifel Financial Corp now owns 117,836 shares of the company’s stock worth $5,913,000 after purchasing an additional 74,608 shares during the period. AdvisorNet Financial Inc acquired a new position in Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $35,000. Finally, Consolidated Portfolio Review Corp increased its position in Invesco Ultra Short Duration ETF by 4.8% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 66,344 shares of the company’s stock worth $3,329,000 after purchasing an additional 3,045 shares during the period.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA GSY opened at $50.10 on Friday. The business’s 50 day moving average is $50.12 and its two-hundred day moving average is $50.13. Invesco Ultra Short Duration ETF has a 12-month low of $49.75 and a 12-month high of $50.37.

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.