Avestar Capital LLC Cuts Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Avestar Capital LLC trimmed its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 50.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 168,901 shares of the company’s stock after selling 169,441 shares during the period. Invesco Ultra Short Duration ETF comprises about 0.7% of Avestar Capital LLC’s portfolio, making the stock its 21st biggest position. Avestar Capital LLC owned 0.43% of Invesco Ultra Short Duration ETF worth $8,464,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GSY. Cyndeo Wealth Partners LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF during the third quarter worth approximately $15,875,000. Capstone Wealth Management Group LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF during the fourth quarter worth approximately $11,691,000. Axxcess Wealth Management LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 35.5% during the third quarter. Axxcess Wealth Management LLC now owns 630,911 shares of the company’s stock worth $31,659,000 after buying an additional 165,168 shares during the period. IHT Wealth Management LLC increased its stake in Invesco Ultra Short Duration ETF by 1,604.2% in the third quarter. IHT Wealth Management LLC now owns 120,182 shares of the company’s stock valued at $6,031,000 after purchasing an additional 113,130 shares during the last quarter. Finally, Sterling Financial Group Inc. purchased a new position in Invesco Ultra Short Duration ETF in the fourth quarter valued at approximately $5,646,000.

Invesco Ultra Short Duration ETF Trading Down 0.0 %

Shares of Invesco Ultra Short Duration ETF stock opened at $50.16 on Thursday. Invesco Ultra Short Duration ETF has a 52 week low of $49.75 and a 52 week high of $50.37. The firm’s 50 day moving average is $50.13 and its two-hundred day moving average is $50.14.

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.