Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Large Volume Increase – Here’s What Happened

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) shares saw an uptick in trading volume on Friday . 1,770,381 shares traded hands during mid-day trading, an increase of 246% from the previous session’s volume of 511,527 shares.The stock last traded at $21.5950 and had previously closed at $21.59.

Invesco Emerging Markets Sovereign Debt ETF Trading Up 0.1%

The firm has a fifty day simple moving average of $21.72 and a 200 day simple moving average of $21.38.

Invesco Emerging Markets Sovereign Debt ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 23rd. Investors of record on Tuesday, January 20th will be issued a $0.1084 dividend. This is a boost from Invesco Emerging Markets Sovereign Debt ETF’s previous monthly dividend of $0.11. The ex-dividend date is Tuesday, January 20th. This represents a c) annualized dividend and a yield of 6.0%.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several hedge funds and other institutional investors have recently made changes to their positions in PCY. Realta Investment Advisors lifted its position 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 worth $25,000 after purchasing an additional 596 shares during the last quarter. CWM LLC increased its position 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 worth $33,000 after buying an additional 1,342 shares during the period. Global Trust Asset Management LLC acquired a new position in shares of Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth approximately $51,000. Qube Research & Technologies Ltd acquired a new position in shares of Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth approximately $52,000. Finally, Sound Income Strategies LLC boosted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 60.0% in the third quarter. Sound Income Strategies LLC now owns 6,672 shares of the company’s stock valued at $144,000 after acquiring an additional 2,501 shares during the period. 69.00% of the stock is owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Company 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.