Avestar Capital LLC Sells 143,938 Shares of Invesco Ultra Short Duration ETF $GSY

Avestar Capital LLC trimmed its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 49.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,911 shares of the company’s stock after selling 143,938 shares during the period. Avestar Capital LLC owned 0.19% of Invesco Ultra Short Duration ETF worth $7,435,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. International Assets Investment Management LLC lifted its position in Invesco Ultra Short Duration ETF by 978.9% during the 3rd quarter. International Assets Investment Management LLC now owns 125,000 shares of the company’s stock worth $6,241,000 after buying an additional 113,414 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in Invesco Ultra Short Duration ETF in the 3rd quarter valued at about $3,831,000. Oppenheimer & Co. Inc. acquired a new stake in Invesco Ultra Short Duration ETF in the 3rd quarter valued at about $1,551,000. National Wealth Management Group LLC increased its position in Invesco Ultra Short Duration ETF by 13.7% in the 3rd quarter. National Wealth Management Group LLC now owns 21,459 shares of the company’s stock valued at $1,071,000 after acquiring an additional 2,590 shares in the last quarter. Finally, Patton Albertson Miller Group LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the third quarter worth about $370,000.

Invesco Ultra Short Duration ETF Trading Up 0.1%

Shares of GSY stock opened at $50.03 on Friday. Invesco Ultra Short Duration ETF has a 1 year low of $49.90 and a 1 year high of $50.39. The firm’s 50 day moving average is $50.04 and its 200-day moving average is $50.16.

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.