Transcendent Capital Group LLC decreased its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Free Report) by 58.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 17,731 shares of the company’s stock after selling 24,519 shares during the period. Transcendent Capital Group LLC’s holdings in Invesco Ultra Short Duration ETF were worth $889,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF during the 1st quarter worth approximately $46,000. Transce3nd LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF during the 1st quarter worth approximately $56,000. Harbour Investments Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 186.2% during the 1st quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock worth $110,000 after buying an additional 1,432 shares during the period. Farther Finance Advisors LLC grew its holdings in Invesco Ultra Short Duration ETF by 1,422.4% during the second quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock valued at $112,000 after purchasing an additional 2,091 shares during the period. Finally, Concorde Asset Management LLC acquired a new position in Invesco Ultra Short Duration ETF during the first quarter valued at approximately $200,000.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada upgraded shares of Invesco Ultra Short Duration ETF to a “hold” rating in a report on Wednesday, October 1st.
Invesco Ultra Short Duration ETF Stock Up 0.1%
GSY stock opened at $50.31 on Friday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.38. The business has a 50-day moving average of $50.25 and a 200-day moving average of $50.17.
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.
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