Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Reaches New 52-Week High at $50.36

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $50.36 and last traded at $50.36, with a volume of 310 shares changing hands. The stock had previously closed at $50.33.

Invesco Ultra Short Duration ETF Stock Performance

The stock’s 50-day simple moving average is $50.12 and its 200 day simple moving average is $49.99.

Institutional Trading of Invesco Ultra Short Duration ETF

Several institutional investors and hedge funds have recently made changes to their positions in GSY. VitalStone Financial LLC grew its holdings in Invesco Ultra Short Duration ETF by 5.1% in the second quarter. VitalStone Financial LLC now owns 4,889 shares of the company’s stock valued at $244,000 after purchasing an additional 238 shares during the period. PAX Financial Group LLC grew its position in Invesco Ultra Short Duration ETF by 4.3% in the first quarter. PAX Financial Group LLC now owns 6,113 shares of the company’s stock valued at $305,000 after acquiring an additional 250 shares in the last quarter. BlackDiamond Wealth Management LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 2.4% during the fourth quarter. BlackDiamond Wealth Management LLC now owns 11,112 shares of the company’s stock valued at $555,000 after purchasing an additional 256 shares during the period. Transcendent Capital Group LLC acquired a new stake in Invesco Ultra Short Duration ETF during the 4th quarter valued at $25,000. Finally, Parallel Advisors LLC lifted its holdings in Invesco Ultra Short Duration ETF by 9.4% in the 4th quarter. Parallel Advisors LLC now owns 5,841 shares of the company’s stock worth $291,000 after buying an additional 501 shares in the last quarter.

About Invesco Ultra Short Duration ETF

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.