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

Shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw strong trading volume on Thursday . 870,909 shares changed hands during mid-day trading, an increase of 90% from the previous session’s volume of 457,719 shares.The stock last traded at $20.04 and had previously closed at $20.00.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

The company has a 50-day simple moving average of $20.35 and a 200-day simple moving average of $20.66.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Large investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 15.8% during the second 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 last quarter. Concord Wealth Partners lifted its holdings in Invesco Emerging Markets Sovereign Debt ETF by 11.1% during the 3rd quarter. Concord Wealth Partners now owns 5,384 shares of the company’s stock valued at $116,000 after buying an additional 540 shares in the last quarter. Auour Investments LLC boosted its position in Invesco Emerging Markets Sovereign Debt ETF by 5.8% during the 3rd quarter. Auour Investments LLC now owns 11,011 shares of the company’s stock valued at $228,000 after acquiring an additional 606 shares in the last quarter. Boyd Watterson Asset Management LLC OH increased its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 79.4% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 1,435 shares of the company’s stock valued at $31,000 after acquiring an additional 635 shares during the period. Finally, Endowment Wealth Management Inc. raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.5% in the 3rd quarter. Endowment Wealth Management Inc. now owns 31,040 shares of the company’s stock worth $667,000 after acquiring an additional 762 shares in the last quarter.

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.