Beacon Investment Advisory Services Inc. Trims Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Beacon Investment Advisory Services Inc. lessened its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 4.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 63,759 shares of the company’s stock after selling 2,725 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $3,199,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in GSY. Allworth Financial LP purchased a new position in Invesco Ultra Short Duration ETF in the 3rd quarter valued at approximately $34,000. Northwest Capital Management Inc raised its stake in shares of Invesco Ultra Short Duration ETF by 8,650.0% in the third quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock valued at $35,000 after acquiring an additional 692 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its holdings in Invesco Ultra Short Duration ETF by 10.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock valued at $146,000 after purchasing an additional 280 shares during the period. Archer Investment Corp acquired a new position in Invesco Ultra Short Duration ETF during the 3rd quarter worth $147,000. Finally, AMG National Trust Bank purchased a new stake in shares of Invesco Ultra Short Duration ETF during the third quarter worth approximately $201,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY opened at $50.09 on Monday. The firm’s fifty day simple moving average is $50.14 and its 200-day simple moving average is $50.08. Invesco Ultra Short Duration ETF has a twelve month low of $49.71 and a twelve 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.