Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 41,733 shares, a decrease of 82.1% from the September 30th total of 233,234 shares. Based on an average daily trading volume, of 325,787 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.
Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF
A number of large investors have recently added to or reduced their stakes in PCY. Fifth Third Bancorp raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 0.9% during the first quarter. Fifth Third Bancorp now owns 71,621 shares of the company’s stock worth $1,497,000 after purchasing an additional 606 shares during the last quarter. Net Worth Advisory Group raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.2% in the third quarter. Net Worth Advisory Group now owns 29,744 shares of the company’s stock valued at $590,000 after buying an additional 644 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.7% during the 1st quarter. Sanctuary Advisors LLC now owns 36,279 shares of the company’s stock worth $758,000 after purchasing an additional 942 shares during the period. Legacy Wealth Asset Management LLC boosted its stake in Invesco Emerging Markets Sovereign Debt ETF by 3.0% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 38,965 shares of the company’s stock worth $844,000 after buying an additional 1,147 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 3.0% in the second quarter. Concurrent Investment Advisors LLC now owns 61,344 shares of the company’s stock worth $1,328,000 after acquiring an additional 1,779 shares during the last quarter. 69.00% of the stock is currently owned by institutional investors and hedge funds.
Invesco Emerging Markets Sovereign Debt ETF Price Performance
Shares of NYSEARCA PCY traded up $0.04 during midday trading on Tuesday, reaching $20.21. 31,083 shares of the stock were exchanged, compared to its average volume of 416,897. The firm has a 50-day simple moving average of $20.55 and a two-hundred day simple moving average of $21.24. Invesco Emerging Markets Sovereign Debt ETF has a twelve month low of $19.68 and a twelve month high of $22.18.
Invesco Emerging Markets Sovereign Debt ETF Company Profile
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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