Parallel Advisors LLC Lowers Stake in Invesco Ultra Short Duration ETF $GSY

Parallel Advisors LLC reduced its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSYFree Report) by 13.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,580 shares of the company’s stock after selling 720 shares during the quarter. Parallel Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GSY. Cornerstone Planning Group LLC purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter valued at about $46,000. Transce3nd LLC purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter worth approximately $56,000. Harbour Investments Inc. lifted its stake in Invesco Ultra Short Duration ETF by 186.2% in the 1st quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock worth $110,000 after purchasing an additional 1,432 shares in the last quarter. Concorde Asset Management LLC purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter worth approximately $200,000. Finally, Beta Wealth Group Inc. purchased a new position in Invesco Ultra Short Duration ETF in the 1st quarter worth approximately $205,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA GSY opened at $50.37 on Monday. The company has a 50 day simple moving average of $50.22 and a 200-day simple moving average of $50.16. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year high of $50.38.

Invesco Ultra Short Duration ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

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