Archer Investment Corp Grows Stock Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Archer Investment Corp lifted its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 23.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,627 shares of the company’s stock after purchasing an additional 696 shares during the quarter. Archer Investment Corp’s holdings in Invesco Ultra Short Duration ETF were worth $182,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in Invesco Ultra Short Duration ETF in the third quarter worth approximately $34,000. Northwest Capital Management Inc lifted its holdings in shares of Invesco Ultra Short Duration ETF by 8,650.0% in the 3rd quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock worth $35,000 after acquiring an additional 692 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter worth approximately $35,000. Concourse Financial Group Securities Inc. boosted its stake in shares of Invesco Ultra Short Duration ETF by 10.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock valued at $146,000 after purchasing an additional 280 shares in the last quarter. Finally, AMG National Trust Bank bought a new position in shares of Invesco Ultra Short Duration ETF during the 3rd quarter valued at $201,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA:GSY opened at $50.15 on Friday. The company’s fifty day moving average is $50.13 and its 200 day moving average is $50.13. Invesco Ultra Short Duration ETF has a 52 week low of $49.75 and a 52 week high of $50.37.

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.