Brown Financial Advisors Has $3.57 Million Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Brown Financial Advisors lowered its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 0.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 71,190 shares of the company’s stock after selling 388 shares during the period. Invesco Ultra Short Duration ETF makes up approximately 1.4% of Brown Financial Advisors’ portfolio, making the stock its 17th biggest holding. Brown Financial Advisors’ holdings in Invesco Ultra Short Duration ETF were worth $3,567,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter worth $34,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Invesco Ultra Short Duration ETF in the 3rd quarter worth about $1,521,000. Principal Securities Inc. increased its stake in Invesco Ultra Short Duration ETF by 8.9% in the 3rd quarter. Principal Securities Inc. now owns 178,214 shares of the company’s stock valued at $8,943,000 after buying an additional 14,492 shares during the last quarter. Capital Wealth Alliance LLC lifted its position in shares of Invesco Ultra Short Duration ETF by 34.6% during the 3rd quarter. Capital Wealth Alliance LLC now owns 39,084 shares of the company’s stock worth $1,961,000 after buying an additional 10,054 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 216.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 160,643 shares of the company’s stock worth $8,061,000 after buying an additional 109,881 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Down 0.4 %

GSY stock opened at $50.08 on Tuesday. The business has a 50 day moving average of $50.14 and a 200-day moving average of $50.15. 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.