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

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw an uptick in trading volume on Friday . 748,257 shares traded hands during trading, an increase of 53% from the previous session’s volume of 490,421 shares.The stock last traded at $20.46 and had previously closed at $20.49.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.3 %

The business has a 50-day moving average of $21.11 and a 200-day moving average of $20.58.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF in the first quarter valued at about $32,344,000. Apollon Wealth Management LLC raised its position in Invesco Emerging Markets Sovereign Debt ETF by 1.3% in the second quarter. Apollon Wealth Management LLC now owns 1,355,618 shares of the company’s stock worth $27,112,000 after purchasing an additional 16,998 shares in the last quarter. Financial & Tax Architects LLC raised its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 5.0% in the 2nd quarter. Financial & Tax Architects LLC now owns 749,598 shares of the company’s stock worth $14,992,000 after buying an additional 35,835 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Invesco Emerging Markets Sovereign Debt ETF by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 374,287 shares of the company’s stock valued at $7,486,000 after buying an additional 1,471 shares in the last quarter. Finally, Stewardship Advisors LLC grew its position in Invesco Emerging Markets Sovereign Debt ETF by 5.4% in the second quarter. Stewardship Advisors LLC now owns 340,238 shares of the company’s stock valued at $6,805,000 after acquiring an additional 17,558 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.