Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sets New 12-Month High at $21.69

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

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.4 %

The stock has a 50 day moving average of $20.79 and a 200-day moving average of $20.43.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF in the second quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 15.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,799 shares of the company’s stock worth $76,000 after purchasing an additional 519 shares during the period. Concord Wealth Partners boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 5,532.6% during the first quarter. Concord Wealth Partners now owns 4,844 shares of the company’s stock valued at $99,000 after purchasing an additional 4,758 shares in the last quarter. Wolverine Asset Management LLC boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 39.9% during the second 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 purchased a new position in Invesco Emerging Markets Sovereign Debt ETF during the second quarter valued at approximately $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.