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

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw unusually-high trading volume on Wednesday . 463,238 shares were traded during mid-day trading, an increase of 5% from the previous session’s volume of 439,129 shares.The stock last traded at $21.13 and had previously closed at $21.16.

Invesco Emerging Markets Sovereign Debt ETF Stock Down 0.1%

The firm has a fifty day moving average price of $21.32 and a 200-day moving average price of $21.43.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE raised its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 4.5% during the 1st quarter. Bank of America Corp DE now owns 23,615,035 shares of the company’s stock worth $493,554,000 after purchasing an additional 1,019,832 shares during the period. Invesco Ltd. grew its position in Invesco Emerging Markets Sovereign Debt ETF by 25.0% during the fourth quarter. Invesco Ltd. now owns 2,599,005 shares of the company’s stock valued at $56,294,000 after buying an additional 519,300 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 3,421.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 440,755 shares of the company’s stock worth $9,547,000 after buying an additional 428,240 shares during the last quarter. Advisors Preferred LLC increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 314.5% during the first quarter. Advisors Preferred LLC now owns 511,065 shares of the company’s stock worth $10,681,000 after buying an additional 387,756 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in Invesco Emerging Markets Sovereign Debt ETF by 744.6% in the first quarter. Cetera Investment Advisers now owns 394,670 shares of the company’s stock worth $8,249,000 after acquiring an additional 347,944 shares during the period. Institutional investors own 69.00% of the company’s stock.

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.