Wealth Enhancement Advisory Services LLC Cuts Holdings in Invesco Emerging Markets Sovereign Debt ETF $PCY

Wealth Enhancement Advisory Services LLC reduced its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 15.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 386,780 shares of the company’s stock after selling 69,420 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.66% of Invesco Emerging Markets Sovereign Debt ETF worth $8,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Alliance Wealth Management Group raised its stake in Invesco Emerging Markets Sovereign Debt ETF by 2.5% during the third quarter. Alliance Wealth Management Group now owns 256,954 shares of the company’s stock worth $5,540,000 after purchasing an additional 6,313 shares during the period. Towercrest Capital Management lifted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.6% during the 3rd quarter. Towercrest Capital Management now owns 271,342 shares of the company’s stock worth $5,850,000 after purchasing an additional 6,752 shares during the last quarter. Realta Investment Advisors increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 104.9% in the third quarter. Realta Investment Advisors now owns 1,164 shares of the company’s stock valued at $25,000 after buying an additional 596 shares during the last quarter. Simon Quick Advisors LLC increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 3.7% in the third quarter. Simon Quick Advisors LLC now owns 78,953 shares of the company’s stock valued at $1,702,000 after buying an additional 2,828 shares during the last quarter. Finally, Fortress Financial Solutions LLC raised its stake in Invesco Emerging Markets Sovereign Debt ETF by 13.7% in the third quarter. Fortress Financial Solutions LLC now owns 26,339 shares of the company’s stock valued at $568,000 after buying an additional 3,177 shares in the last quarter. Hedge funds and other institutional investors own 69.00% of the company’s stock.

Invesco Emerging Markets Sovereign Debt ETF Stock Up 0.2%

NYSEARCA:PCY opened at $21.64 on Friday. Invesco Emerging Markets Sovereign Debt ETF has a 1 year low of $18.71 and a 1 year high of $22.07. The stock has a 50-day simple moving average of $21.72 and a 200-day simple moving average of $21.39.

Invesco Emerging Markets Sovereign Debt ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.1084 dividend. This is a boost from Invesco Emerging Markets Sovereign Debt ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Tuesday, January 20th.

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.