Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sets New 1-Year High at $21.69

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $21.69 and last traded at $21.62, with a volume of 240834 shares changing hands. The stock had previously closed at $21.61.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

The firm has a 50-day simple moving average of $20.75 and a two-hundred day simple moving average of $20.41.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new stake in Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth $48,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 15.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,799 shares of the company’s stock worth $76,000 after acquiring an additional 519 shares in the last quarter. Concord Wealth Partners grew its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 5,532.6% during the 1st quarter. Concord Wealth Partners now owns 4,844 shares of the company’s stock valued at $99,000 after acquiring an additional 4,758 shares during the period. Wolverine Asset Management LLC increased its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 39.9% in the 2nd quarter. Wolverine Asset Management LLC now owns 8,703 shares of the company’s stock valued at $174,000 after purchasing an additional 2,484 shares in the last quarter. Finally, Truist Financial Corp acquired a new position in Invesco Emerging Markets Sovereign Debt ETF in the 2nd quarter worth about $202,000.

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.