Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Hits New 52-Week High at $50.26

Invesco Ultra Short Duration ETF (NYSEARCA:GSY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $50.26 and last traded at $50.26, with a volume of 3764 shares trading hands. The stock had previously closed at $50.24.

Invesco Ultra Short Duration ETF Stock Performance

The stock’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $49.98.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new position in Invesco Ultra Short Duration ETF in the fourth quarter worth $361,000. Guidance Capital Inc. increased its stake in shares of Invesco Ultra Short Duration ETF by 21.0% during the fourth quarter. Guidance Capital Inc. now owns 98,838 shares of the company’s stock valued at $4,928,000 after purchasing an additional 17,137 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 69,381 shares of the company’s stock valued at $3,461,000 after purchasing an additional 1,909 shares during the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter worth approximately $591,000. Finally, UBS Group AG grew its stake in shares of Invesco Ultra Short Duration ETF by 33.4% in the 4th quarter. UBS Group AG now owns 336,364 shares of the company’s stock worth $16,778,000 after buying an additional 84,275 shares during the last quarter.

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.