Copley Financial Group Inc. Makes New $3.73 Million Investment in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Copley Financial Group Inc. acquired a new stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 74,336 shares of the company’s stock, valued at approximately $3,730,000. Invesco Ultra Short Duration ETF accounts for about 3.4% of Copley Financial Group Inc.’s investment portfolio, making the stock its 7th largest position.

A number of other institutional investors have also made changes to their positions in GSY. Comerica Bank boosted its holdings in Invesco Ultra Short Duration ETF by 62.2% in the first quarter. Comerica Bank now owns 8,727 shares of the company’s stock valued at $435,000 after purchasing an additional 3,345 shares during the last quarter. Consolidated Portfolio Review Corp boosted its stake in shares of Invesco Ultra Short Duration ETF by 4.8% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 66,344 shares of the company’s stock valued at $3,329,000 after buying an additional 3,045 shares during the last quarter. EdgeRock Capital LLC grew its position in shares of Invesco Ultra Short Duration ETF by 48.4% during the third quarter. EdgeRock Capital LLC now owns 6,651 shares of the company’s stock worth $334,000 after buying an additional 2,170 shares in the last quarter. Private Client Services LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the third quarter worth $318,000. Finally, Fifth Third Securities Inc. raised its holdings in Invesco Ultra Short Duration ETF by 32.8% in the third quarter. Fifth Third Securities Inc. now owns 183,325 shares of the company’s stock valued at $9,199,000 after acquiring an additional 45,292 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

GSY stock remained flat at $50.19 during mid-day trading on Friday. 59,271 shares of the company’s stock traded hands, compared to its average volume of 479,520. The stock’s fifty day moving average is $50.13 and its two-hundred day moving average is $50.09. Invesco Ultra Short Duration ETF has a 52 week low of $49.71 and a 52 week high of $50.37.

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.