Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCYGet Free Report) saw an uptick in trading volume on Wednesday . Approximately 463,238 shares were traded during trading, an increase of 5% from the previous session’s volume of 439,129 shares.The stock last traded at $21.13 and had previously closed at $21.16.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

The company’s 50 day moving average price is $21.32 and its 200-day moving average price is $21.43.

Institutional Trading of Invesco Emerging Markets Sovereign Debt ETF

A number of large investors have recently bought and sold shares of PCY. Qube Research & Technologies Ltd bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF in the second quarter valued at $52,000. PNC Financial Services Group Inc. grew its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 29.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,219 shares of the company’s stock worth $113,000 after acquiring an additional 1,177 shares during the period. Kestra Private Wealth Services LLC purchased a new stake in Invesco Emerging Markets Sovereign Debt ETF in the 3rd quarter worth about $201,000. Sapient Capital LLC purchased a new stake in Invesco Emerging Markets Sovereign Debt ETF in the 2nd quarter worth about $207,000. Finally, Laurel Oak Wealth Management LLC bought a new stake in Invesco Emerging Markets Sovereign Debt ETF in the 4th quarter valued at about $218,000. 69.00% of the stock is owned by hedge funds and other institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

(Get Free Report)

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.

Further Reading

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