Invesco Ultra Short Duration ETF $GSY Shares Bought by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC grew its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 8.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 349,218 shares of the company’s stock after acquiring an additional 27,641 shares during the period. Invesco Ultra Short Duration ETF comprises 2.2% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 11th largest holding. Johnson Bixby & Associates LLC’s holdings in Invesco Ultra Short Duration ETF were worth $17,543,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GSY. Bank of America Corp DE lifted its position in Invesco Ultra Short Duration ETF by 35.3% in the second quarter. Bank of America Corp DE now owns 1,560,270 shares of the company’s stock valued at $78,232,000 after purchasing an additional 406,664 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco Ultra Short Duration ETF by 64.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 606,999 shares of the company’s stock valued at $30,435,000 after buying an additional 238,766 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Invesco Ultra Short Duration ETF by 47.2% in the second quarter. Osaic Holdings Inc. now owns 723,610 shares of the company’s stock valued at $36,283,000 after buying an additional 232,130 shares in the last quarter. Gotham Asset Management LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 349.6% in the first quarter. Gotham Asset Management LLC now owns 286,782 shares of the company’s stock valued at $14,374,000 after buying an additional 223,000 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in Invesco Ultra Short Duration ETF by 247.6% during the second quarter. MML Investors Services LLC now owns 295,645 shares of the company’s stock worth $14,824,000 after acquiring an additional 210,589 shares during the period.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised Invesco Ultra Short Duration ETF to a “hold” rating in a report on Wednesday, October 1st.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA:GSY opened at $50.20 on Friday. Invesco Ultra Short Duration ETF has a 52-week low of $49.98 and a 52-week high of $50.38. The stock has a fifty day simple moving average of $50.27 and a 200-day simple moving average of $50.23.

Invesco Ultra Short Duration ETF 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.