JPMorgan Chase & Co. Sells 18,783 Shares of Invesco Ultra Short Duration ETF $GSY

JPMorgan Chase & Co. decreased its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 4.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 397,127 shares of the company’s stock after selling 18,783 shares during the period. JPMorgan Chase & Co. owned 0.63% of Invesco Ultra Short Duration ETF worth $19,949,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GSY. Capstone Wealth Management Group LLC bought a new stake in Invesco Ultra Short Duration ETF in the third quarter valued at approximately $10,105,000. Intrua Financial LLC bought a new position in Invesco Ultra Short Duration ETF during the 3rd quarter worth approximately $724,000. Bright Futures Wealth Management LLC. acquired a new position in shares of Invesco Ultra Short Duration ETF in the 3rd quarter worth approximately $549,000. Capital Asset Advisory Services LLC lifted its position in shares of Invesco Ultra Short Duration ETF by 3.6% in the 3rd quarter. Capital Asset Advisory Services LLC now owns 833,386 shares of the company’s stock worth $41,864,000 after purchasing an additional 29,280 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Invesco Ultra Short Duration ETF in the 2nd quarter valued at $769,000.

Invesco Ultra Short Duration ETF Trading Down 0.0%

GSY opened at $50.08 on Wednesday. Invesco Ultra Short Duration ETF has a twelve month low of $49.98 and a twelve month high of $50.39. The company has a fifty day moving average of $50.26 and a 200-day moving average of $50.27.

Invesco Ultra Short Duration ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.1738 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.