275,471 Shares in Invesco Emerging Markets Sovereign Debt ETF $PCY Bought by Hilltop Holdings Inc.

Hilltop Holdings Inc. purchased a new stake in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 275,471 shares of the company’s stock, valued at approximately $5,939,000.

A number of other hedge funds also recently made changes to their positions in the stock. Realta Investment Advisors increased its position in 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 during the period. Qube Research & Technologies Ltd bought a new position in Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth $52,000. Sound Income Strategies LLC boosted its position in Invesco Emerging Markets Sovereign Debt ETF by 60.0% during 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 last quarter. Sequent Planning LLC acquired a new stake in Invesco Emerging Markets Sovereign Debt ETF during the 3rd quarter worth about $217,000. Finally, Auour Investments LLC bought a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the 3rd quarter worth about $218,000. 69.00% of the stock is currently owned by institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Stock Down 0.8%

NYSEARCA PCY opened at $21.09 on Monday. Invesco Emerging Markets Sovereign Debt ETF has a one year low of $18.71 and a one year high of $22.18. The business has a 50 day simple moving average of $21.70 and a 200 day simple moving average of $21.67.

Invesco Emerging Markets Sovereign Debt ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a $0.1043 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Monday, February 23rd.

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.