The Invesco Ultra Short Duration ETF (GSY) experienced approximately $135.5 million in outflows this week, marking a 4.7% decrease in shares outstanding, from 57,100,000 to 54,400,000.
As for GSY’s performance over the past year, its 52-week range has been between $49.91 and $50.37 per share, with the last trade recorded at $50.20.
This notable decrease in shares may impact the ETF’s underlying holdings as it indicates a significant shift in investor demand.