Drive Wealth Management LLC Lowers Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Drive Wealth Management LLC lessened its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 6.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 153,041 shares of the company’s stock after selling 10,417 shares during the quarter. Invesco Ultra Short Duration ETF makes up 1.9% of Drive Wealth Management LLC’s holdings, making the stock its 13th largest holding. Drive Wealth Management LLC’s holdings in Invesco Ultra Short Duration ETF were worth $7,669,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of Invesco Ultra Short Duration ETF by 1.3% in the 3rd 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 last quarter. Stifel Financial Corp raised its position in shares of Invesco Ultra Short Duration ETF by 172.6% in 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 last quarter. AdvisorNet Financial Inc purchased a new position in shares of Invesco Ultra Short Duration ETF in the 4th quarter worth about $35,000. Consolidated Portfolio Review Corp raised its position in shares of Invesco Ultra Short Duration ETF by 4.8% in 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 last quarter. Finally, EdgeRock Capital LLC raised its position in shares of Invesco Ultra Short Duration ETF by 48.4% in the 3rd quarter. EdgeRock Capital LLC now owns 6,651 shares of the company’s stock worth $334,000 after purchasing an additional 2,170 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Up 0.1 %

GSY opened at $50.07 on Monday. The stock has a 50-day moving average price of $50.12 and a 200-day moving average price of $50.13. Invesco Ultra Short Duration ETF has a 1 year low of $49.75 and a 1 year 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.