Ballast Inc. acquired a new position in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 9,885 shares of the company’s stock, valued at approximately $202,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 16.6% in the first quarter. Raymond James Financial Inc. now owns 419,158 shares of the company’s stock worth $8,454,000 after purchasing an additional 59,530 shares in the last quarter. Towercrest Capital Management increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 2.8% in the first quarter. Towercrest Capital Management now owns 271,046 shares of the company’s stock worth $5,467,000 after purchasing an additional 7,468 shares in the last quarter. Alliance Wealth Management Group increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 5.7% in the first quarter. Alliance Wealth Management Group now owns 256,729 shares of the company’s stock worth $5,178,000 after purchasing an additional 13,782 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 36.5% in the first quarter. Envestnet Asset Management Inc. now owns 210,860 shares of the company’s stock worth $4,253,000 after purchasing an additional 56,439 shares in the last quarter. Finally, SigFig Wealth Management LLC increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 3.1% in the second quarter. SigFig Wealth Management LLC now owns 195,065 shares of the company’s stock worth $3,952,000 after purchasing an additional 5,890 shares in the last quarter. 69.00% of the stock is owned by institutional investors and hedge funds.
Invesco Emerging Markets Sovereign Debt ETF Trading Up 0.2%
Shares of PCY stock opened at $21.79 on Monday. The stock has a 50 day simple moving average of $21.31 and a two-hundred day simple moving average of $20.44. Invesco Emerging Markets Sovereign Debt ETF has a fifty-two week low of $18.71 and a fifty-two week high of $21.81.
Invesco Emerging Markets Sovereign Debt ETF 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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