Royal Bank of Canada Has $26.52 Million Stake in Invesco Ultra Short Duration ETF $GSY

Royal Bank of Canada boosted its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 588.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 529,112 shares of the company’s stock after acquiring an additional 452,227 shares during the quarter. Royal Bank of Canada owned 0.76% of Invesco Ultra Short Duration ETF worth $26,519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gateway Wealth Partners LLC lifted its holdings in Invesco Ultra Short Duration ETF by 107.9% during the 1st quarter. Gateway Wealth Partners LLC now owns 24,734 shares of the company’s stock valued at $1,240,000 after purchasing an additional 12,839 shares during the last quarter. Matrix Private Capital Group LLC bought a new stake in Invesco Ultra Short Duration ETF during the first quarter worth about $69,000. Cetera Investment Advisers grew its stake in Invesco Ultra Short Duration ETF by 23.9% during the first quarter. Cetera Investment Advisers now owns 1,377,756 shares of the company’s stock worth $69,053,000 after buying an additional 265,615 shares during the last quarter. NewEdge Wealth LLC grew its stake in Invesco Ultra Short Duration ETF by 9.5% during the first quarter. NewEdge Wealth LLC now owns 6,318 shares of the company’s stock worth $317,000 after buying an additional 547 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID increased its holdings in shares of Invesco Ultra Short Duration ETF by 61.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 24,528 shares of the company’s stock worth $1,229,000 after buying an additional 9,327 shares in the last quarter.

Invesco Ultra Short Duration ETF Trading Up 0.1%

NYSEARCA:GSY opened at $50.16 on Wednesday. Invesco Ultra Short Duration ETF has a 1 year low of $50.05 and a 1 year high of $50.39. The firm has a 50 day moving average of $50.16 and a 200-day moving average of $50.19.

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.