Rovin Capital UT ADV Invests $591,000 in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Rovin Capital UT ADV acquired a new stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 11,793 shares of the company’s stock, valued at approximately $591,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GSY. LPL Financial LLC boosted its holdings in Invesco Ultra Short Duration ETF by 4.8% in the 3rd quarter. LPL Financial LLC now owns 2,406,049 shares of the company’s stock valued at $120,736,000 after purchasing an additional 109,682 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of 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 worth $66,598,000 after purchasing an additional 17,507 shares during the period. Axxcess Wealth Management LLC raised its position in shares of 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 buying an additional 165,168 shares in the last quarter. Avestar Capital LLC boosted its stake in Invesco Ultra Short Duration ETF by 7.2% during the third quarter. Avestar Capital LLC now owns 338,342 shares of the company’s stock valued at $16,978,000 after buying an additional 22,797 shares during the period. Finally, Cyndeo Wealth Partners LLC purchased a new position in Invesco Ultra Short Duration ETF during the third quarter worth about $15,875,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA GSY opened at $50.20 on Thursday. The stock’s 50-day simple moving average is $50.13 and its two-hundred day simple 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 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.