Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Stock Position Lowered by Parallel Advisors LLC

Parallel Advisors LLC lessened its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 18.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,285 shares of the company’s stock after selling 1,605 shares during the period. Parallel Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GSY. Bank of America Corp DE raised its stake in shares of Invesco Ultra Short Duration ETF by 32.2% in the 2nd quarter. Bank of America Corp DE now owns 4,219,199 shares of the company’s stock worth $212,520,000 after buying an additional 1,026,604 shares in the last quarter. CWM LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 151,028.5% in the 3rd quarter. CWM LLC now owns 757,154 shares of the company’s stock worth $38,168,000 after buying an additional 756,653 shares in the last quarter. Pasadena Private Wealth LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 3,262.5% in the 2nd quarter. Pasadena Private Wealth LLC now owns 252,086 shares of the company’s stock worth $12,698,000 after buying an additional 244,589 shares in the last quarter. First Merchants Corp bought a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter worth $11,761,000. Finally, BB&T Securities LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 95.3% in the 2nd quarter. BB&T Securities LLC now owns 372,894 shares of the company’s stock worth $18,782,000 after buying an additional 181,944 shares in the last quarter.

Separately, Raymond James reissued an “average” rating and issued a $64.00 price objective on shares of Invesco Ultra Short Duration ETF in a research note on Monday, July 29th.

Shares of GSY traded up $0.01 during midday trading on Friday, reaching $50.43. The stock had a trading volume of 351,124 shares, compared to its average volume of 447,332. The firm’s 50 day moving average price is $50.43 and its 200-day moving average price is $50.39. Invesco Ultra Short Duration ETF has a 52 week low of $50.02 and a 52 week high of $50.48.

Further Reading: What is a stock buyback?

Want to see what other hedge funds are holding GSY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Ultra Short Duration ETF (NYSEARCA:GSY).

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

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