Axxcess Wealth Management LLC Purchases 398,081 Shares of Invesco Ultra Short Duration ETF $GSY

Axxcess Wealth Management LLC increased its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 41.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,352,189 shares of the company’s stock after purchasing an additional 398,081 shares during the quarter. Invesco Ultra Short Duration ETF makes up approximately 0.8% of Axxcess Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Axxcess Wealth Management LLC’s holdings in Invesco Ultra Short Duration ETF were worth $67,947,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in GSY. Tucker Asset Management LLC acquired a new position in Invesco Ultra Short Duration ETF in the fourth quarter valued at about $25,000. Motiv8 Investments LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF during the fourth quarter worth approximately $31,000. Rossby Financial LCC bought a new position in shares of Invesco Ultra Short Duration ETF in the third quarter valued at approximately $31,000. Lodestone Wealth Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the fourth quarter valued at approximately $33,000. Finally, Beacon Capital Management Inc. boosted its holdings in shares of Invesco Ultra Short Duration ETF by 302.4% in the 4th quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock worth $34,000 after acquiring an additional 514 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY opened at $50.25 on Friday. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39. The business’s 50 day simple moving average is $50.17 and its 200-day simple moving average is $50.22.

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.