Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Rating Reiterated by Raymond James

Raymond James reaffirmed their average rating on shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in a research note issued to investors on Monday morning, AnalystRatings.com reports. They currently have a $64.00 target price on the stock.

Shares of NYSEARCA:GSY opened at $50.39 on Monday. Invesco Ultra Short Duration ETF has a 1 year low of $50.02 and a 1 year high of $50.48. The company has a 50-day simple moving average of $50.40.

Several institutional investors have recently added to or reduced their stakes in the company. Cetera Advisor Networks LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF by 22.0% during the fourth quarter. Cetera Advisor Networks LLC now owns 11,403 shares of the company’s stock worth $572,000 after purchasing an additional 2,053 shares during the period. Cetera Advisors LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter worth about $207,000. Deutsche Bank AG bought a new position in Invesco Ultra Short Duration ETF during the 4th quarter valued at about $2,370,000. Global Trust Asset Management LLC grew its holdings in Invesco Ultra Short Duration ETF by 207.3% during the 1st quarter. Global Trust Asset Management LLC now owns 18,745 shares of the company’s stock valued at $942,000 after purchasing an additional 12,645 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its stake in Invesco Ultra Short Duration ETF by 5.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 87,440 shares of the company’s stock worth $4,396,000 after acquiring an additional 4,782 shares in the last quarter.

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