Capstone Wealth Management Group LLC Makes New Investment in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Capstone Wealth Management Group LLC bought a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 233,300 shares of the company’s stock, valued at approximately $11,691,000. Invesco Ultra Short Duration ETF comprises approximately 6.3% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 3rd biggest position. Capstone Wealth Management Group LLC owned approximately 0.59% of Invesco Ultra Short Duration ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in Invesco Ultra Short Duration ETF by 4.8% in the third quarter. LPL Financial LLC now owns 2,406,049 shares of the company’s stock valued at $120,736,000 after buying an additional 109,682 shares during the period. JPMorgan Chase & Co. lifted its holdings in Invesco Ultra Short Duration ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 1,327,178 shares of the company’s stock valued at $66,598,000 after buying an additional 17,507 shares during the period. Axxcess Wealth Management LLC raised its holdings in Invesco Ultra Short Duration ETF by 35.5% in the third quarter. Axxcess Wealth Management LLC now owns 630,911 shares of the company’s stock worth $31,659,000 after purchasing an additional 165,168 shares during the period. Avestar Capital LLC raised its holdings in Invesco Ultra Short Duration ETF by 7.2% in the third quarter. Avestar Capital LLC now owns 338,342 shares of the company’s stock worth $16,978,000 after purchasing an additional 22,797 shares during the period. Finally, Cyndeo Wealth Partners LLC acquired a new stake in Invesco Ultra Short Duration ETF in the third quarter worth $15,875,000.

Invesco Ultra Short Duration ETF Trading Up 0.0 %

GSY opened at $50.17 on Wednesday. The firm’s fifty day moving average is $50.12 and its two-hundred day moving average is $50.12. Invesco Ultra Short Duration ETF has a twelve month low of $49.75 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.