Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Strong Trading Volume – What’s Next?

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw an uptick in trading volume on Wednesday . 4,493,104 shares changed hands during trading, an increase of 808% from the previous session’s volume of 494,991 shares.The stock last traded at $21.08 and had previously closed at $21.11.

Invesco Emerging Markets Sovereign Debt ETF Stock Up 0.1 %

The stock’s fifty day moving average price is $21.07 and its two-hundred day moving average price is $20.53.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in Invesco Emerging Markets Sovereign Debt ETF by 15.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,799 shares of the company’s stock worth $76,000 after purchasing an additional 519 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 4.1% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 16,899 shares of the company’s stock valued at $338,000 after buying an additional 672 shares during the last quarter. Endowment Wealth Management Inc. boosted its position in Invesco Emerging Markets Sovereign Debt ETF by 2.4% during the 2nd quarter. Endowment Wealth Management Inc. now owns 30,278 shares of the company’s stock valued at $606,000 after buying an additional 709 shares during the period. National Bank of Canada FI grew its holdings in Invesco Emerging Markets Sovereign Debt ETF by 0.7% in the 2nd quarter. National Bank of Canada FI now owns 106,122 shares of the company’s stock worth $2,101,000 after acquiring an additional 762 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC increased its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.7% in the first quarter. Legacy Wealth Asset Management LLC now owns 35,786 shares of the company’s stock valued at $732,000 after acquiring an additional 951 shares during the period.

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.