Bay Colony Advisory Group Inc d b a Bay Colony Advisors Cuts Stock Position in Invesco Ultra Short Duration ETF $GSY

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 27.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the company’s stock after selling 3,700 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Invesco Ultra Short Duration ETF were worth $501,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cornerstone Planning Group LLC bought a new position in Invesco Ultra Short Duration ETF during the 1st quarter worth approximately $46,000. Transce3nd LLC bought a new position in Invesco Ultra Short Duration ETF during the 1st quarter worth approximately $56,000. Harbour Investments Inc. grew its position in 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 acquiring an additional 1,432 shares during the last quarter. Farther Finance Advisors LLC grew its position in Invesco Ultra Short Duration ETF by 1,422.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,238 shares of the company’s stock worth $112,000 after acquiring an additional 2,091 shares during the last quarter. Finally, Concorde Asset Management LLC bought a new position in Invesco Ultra Short Duration ETF during the 1st quarter worth approximately $200,000.

Analysts Set New Price Targets

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

Invesco Ultra Short Duration ETF Stock Performance

GSY opened at $50.23 on Friday. The business has a 50 day moving average of $50.26 and a 200-day moving average of $50.18. Invesco Ultra Short Duration ETF has a 52 week low of $49.98 and a 52 week high of $50.38.

Invesco Ultra Short Duration ETF Company 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.