PNC Financial Services Group Inc. Cuts Stock Holdings in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)

PNC Financial Services Group Inc. lessened its position in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 16.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,187 shares of the company’s stock after selling 1,198 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco Emerging Markets Sovereign Debt ETF were worth $123,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Larson Financial Group LLC purchased a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the third quarter worth about $31,000. Geneos Wealth Management Inc. bought a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the 4th quarter worth approximately $64,000. Synergy Asset Management LLC purchased a new position in Invesco Emerging Markets Sovereign Debt ETF during the fourth quarter valued at $81,000. Joseph P. Lucia & Associates LLC purchased a new position in Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter valued at about $200,000. Finally, City Center Advisors LLC bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF in the 4th quarter worth approximately $205,000.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

NYSEARCA PCY opened at $20.26 on Tuesday. The stock’s fifty day moving average price is $20.29 and its 200-day moving average price is $20.56. Invesco Emerging Markets Sovereign Debt ETF has a 12 month low of $19.51 and a 12 month high of $21.69.

Invesco Emerging Markets Sovereign Debt ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.1112 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco Emerging Markets Sovereign Debt ETF’s previous dividend of $0.11.

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.