Invesco Ultra Short Duration ETF $GSY Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 4.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,186 shares of the company’s stock after acquiring an additional 3,211 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco Ultra Short Duration ETF were worth $3,619,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GSY. Freedom Investment Management Inc. grew its stake in shares of Invesco Ultra Short Duration ETF by 0.9% in the first quarter. Freedom Investment Management Inc. now owns 25,276 shares of the company’s stock valued at $1,267,000 after buying an additional 221 shares in the last quarter. Comerica Bank grew its stake in Invesco Ultra Short Duration ETF by 2.9% during the 1st quarter. Comerica Bank now owns 9,591 shares of the company’s stock worth $481,000 after purchasing an additional 266 shares in the last quarter. Wagner Wealth Management LLC grew its stake in Invesco Ultra Short Duration ETF by 2.1% during the 2nd quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock worth $654,000 after purchasing an additional 271 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in Invesco Ultra Short Duration ETF by 0.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 158,394 shares of the company’s stock worth $7,942,000 after purchasing an additional 453 shares in the last quarter. Finally, Pinnacle Associates Ltd. grew its stake in Invesco Ultra Short Duration ETF by 13.8% during the 1st quarter. Pinnacle Associates Ltd. now owns 5,122 shares of the company’s stock worth $257,000 after purchasing an additional 623 shares in the last quarter.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada raised Invesco Ultra Short Duration ETF to a “hold” rating in a research note on Wednesday, October 1st.

Invesco Ultra Short Duration ETF Stock Up 0.0%

Shares of NYSEARCA GSY opened at $50.23 on Friday. The business has a 50-day moving average of $50.25 and a two-hundred day moving average of $50.18. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year high of $50.38.

About Invesco Ultra Short Duration ETF

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.