Financial & Tax Architects LLC Buys New Shares in Invesco Emerging Markets Sovereign Debt ETF $PCY

Financial & Tax Architects LLC purchased a new stake in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 229,589 shares of the company’s stock, valued at approximately $4,950,000. Financial & Tax Architects LLC owned 0.39% of Invesco Emerging Markets Sovereign Debt ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Realta Investment Advisors raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 104.9% during 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. CWM LLC raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 528.3% in the 2nd quarter. CWM LLC now owns 1,596 shares of the company’s stock valued at $33,000 after acquiring an additional 1,342 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF in the 2nd quarter worth approximately $52,000. Sound Income Strategies LLC grew its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 60.0% during the 3rd quarter. Sound Income Strategies LLC now owns 6,672 shares of the company’s stock worth $144,000 after purchasing an additional 2,501 shares in the last quarter. Finally, Ballast Inc. acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 2nd quarter worth approximately $202,000. 69.00% of the stock is currently owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

PCY opened at $21.63 on Friday. The stock’s 50 day simple moving average is $21.69 and its 200-day simple moving average is $21.47. Invesco Emerging Markets Sovereign Debt ETF has a 1 year low of $18.71 and a 1 year high of $22.07.

Invesco Emerging Markets Sovereign Debt ETF Increases Dividend

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

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.