Parsons Capital Management Inc. RI Grows Position in Invesco Ultra Short Duration ETF $GSY

Parsons Capital Management Inc. RI boosted its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 223.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,888 shares of the company’s stock after purchasing an additional 14,426 shares during the period. Parsons Capital Management Inc. RI’s holdings in Invesco Ultra Short Duration ETF were worth $1,047,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. LPL Financial LLC grew its position in Invesco Ultra Short Duration ETF by 28.8% during the 1st quarter. LPL Financial LLC now owns 3,317,876 shares of the company’s stock worth $166,292,000 after purchasing an additional 741,703 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco Ultra Short Duration ETF by 11.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,276,221 shares of the company’s stock worth $63,964,000 after purchasing an additional 131,265 shares during the last quarter. Atria Wealth Solutions Inc. grew its position in Invesco Ultra Short Duration ETF by 31.5% during the 1st quarter. Atria Wealth Solutions Inc. now owns 1,031,682 shares of the company’s stock worth $51,708,000 after purchasing an additional 247,257 shares during the last quarter. Cetera Investment Advisers grew its position in Invesco Ultra Short Duration ETF by 9.3% during the 1st quarter. Cetera Investment Advisers now owns 917,107 shares of the company’s stock worth $45,965,000 after purchasing an additional 78,173 shares during the last quarter. Finally, Capital Asset Advisory Services LLC grew its position in Invesco Ultra Short Duration ETF by 11.0% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 804,106 shares of the company’s stock worth $40,326,000 after purchasing an additional 79,963 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

NYSEARCA:GSY opened at $50.26 on Friday. Invesco Ultra Short Duration ETF has a twelve month low of $49.98 and a twelve month high of $50.38. The company’s 50 day moving average is $50.23 and its two-hundred day moving average is $50.16.

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.