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

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw unusually-high trading volume on Tuesday . Approximately 385,224 shares changed hands during trading, a decline of 26% from the previous session’s volume of 522,141 shares.The stock last traded at $21.46 and had previously closed at $21.35.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

The firm’s fifty day moving average price is $21.41 and its two-hundred day moving average price is $21.63.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Institutional investors have recently made changes to their positions in the company. Realta Investment Advisors increased its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 104.9% during the 3rd quarter. Realta Investment Advisors now owns 1,164 shares of the company’s stock valued at $25,000 after purchasing an additional 596 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of Invesco Emerging Markets Sovereign Debt ETF during the 2nd quarter valued at approximately $52,000. PNC Financial Services Group Inc. increased its holdings 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 valued at $113,000 after purchasing an additional 1,177 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 1,023.2% during the 4th quarter. CoreCap Advisors LLC now owns 7,447 shares of the company’s stock valued at $161,000 after purchasing an additional 6,784 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Invesco Emerging Markets Sovereign Debt ETF during the 3rd quarter valued at approximately $201,000. 69.00% of the stock is owned by hedge funds and other institutional investors.

About Invesco Emerging Markets Sovereign Debt ETF

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.