Pitti Group Wealth Management LLC Grows Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Pitti Group Wealth Management LLC boosted its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 96.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 22,525 shares of the company’s stock after purchasing an additional 11,030 shares during the quarter. Invesco Ultra Short Duration ETF comprises about 1.1% of Pitti Group Wealth Management LLC’s holdings, making the stock its 28th biggest holding. Pitti Group Wealth Management LLC owned 0.06% of Invesco Ultra Short Duration ETF worth $1,129,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of GSY. Atria Wealth Solutions Inc. grew its holdings in Invesco Ultra Short Duration ETF by 112.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 784,425 shares of the company’s stock valued at $39,308,000 after buying an additional 415,527 shares in the last quarter. Independent Advisor Alliance lifted its position in shares of Invesco Ultra Short Duration ETF by 4,495.6% during the fourth quarter. Independent Advisor Alliance now owns 368,386 shares of the company’s stock worth $18,460,000 after purchasing an additional 360,370 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the fourth quarter valued at $11,691,000. IHT Wealth Management LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 1,604.2% during the third quarter. IHT Wealth Management LLC now owns 120,182 shares of the company’s stock valued at $6,031,000 after buying an additional 113,130 shares during the period. Finally, Sterling Financial Group Inc. purchased a new position in Invesco Ultra Short Duration ETF in the fourth quarter valued at about $5,646,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of GSY stock opened at $50.22 on Monday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.37. The stock’s 50-day simple moving average is $50.16 and its 200-day simple moving average is $50.16.

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.