Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY – Get Free Report) saw strong trading volume on Tuesday. Approximately 2,111,992 shares changed hands during trading, an increase of 405% from the previous session’s volume of 418,375 shares. The stock last traded at $20.0150 and had previously closed at $20.10.

Invesco Emerging Markets Sovereign Debt ETF Stock Down 0.8%

The firm has a fifty day moving average of $20.90 and a two-hundred day moving average of $21.23.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several large investors have recently modified their holdings of PCY. Envestnet Asset Management Inc. raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 158,385 shares of the company’s stock valued at $3,429,000 after purchasing an additional 17,703 shares during the period. Waverly Advisors LLC boosted its holdings in Invesco Emerging Markets Sovereign Debt ETF by 0.8% in the 2nd quarter. Waverly Advisors LLC now owns 338,938 shares of the company’s stock worth $7,338,000 after buying an additional 2,562 shares during the period. Sapient Capital LLC bought a new position in Invesco Emerging Markets Sovereign Debt ETF in the 2nd quarter worth approximately $207,000. Concurrent Investment Advisors LLC grew its stake in Invesco Emerging Markets Sovereign Debt ETF by 3.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 61,344 shares of the company’s stock valued at $1,328,000 after buying an additional 1,779 shares in the last quarter. Finally, Annex Advisory Services LLC grew its stake in Invesco Emerging Markets Sovereign Debt ETF by 5.3% in the 2nd quarter. Annex Advisory Services LLC now owns 4,214,276 shares of the company’s stock valued at $91,239,000 after buying an additional 211,608 shares in the last quarter. Hedge funds and other institutional investors own 69.00% of the company’s stock.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

(Get Free Report)

The Invesco Emerging Markets Sovereign Debt ETF (PCY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a tier-weighted index of US-dollar-denominated sovereign debt in emerging markets with at least 3 years to maturity. PCY was launched on Oct 11, 2007 and is managed by Invesco.

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