Invesco Emerging Markets Sovereign Debt ETF $PCY Shares Sold by Comerica Bank

Comerica Bank cut its stake in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 18.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,279 shares of the company’s stock after selling 1,923 shares during the period. Comerica Bank’s holdings in Invesco Emerging Markets Sovereign Debt ETF were worth $167,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 39.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 10,503 shares of the company’s stock valued at $212,000 after buying an additional 2,962 shares during the period. Raymond James Financial Inc. raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 16.6% in the first quarter. Raymond James Financial Inc. now owns 419,158 shares of the company’s stock valued at $8,454,000 after buying an additional 59,530 shares during the period. National Bank of Canada FI raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 4.4% in the first quarter. National Bank of Canada FI now owns 108,425 shares of the company’s stock valued at $2,186,000 after buying an additional 4,537 shares during the period. Endowment Wealth Management Inc. raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 18.7% in the first quarter. Endowment Wealth Management Inc. now owns 45,450 shares of the company’s stock valued at $917,000 after buying an additional 7,156 shares during the period. Finally, SGL Investment Advisors Inc. purchased a new position in Invesco Emerging Markets Sovereign Debt ETF in the first quarter valued at approximately $217,000. 69.00% of the stock is owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

NYSEARCA PCY opened at $21.47 on Thursday. Invesco Emerging Markets Sovereign Debt ETF has a one year low of $18.71 and a one year high of $21.69. The company’s 50 day moving average price is $20.71 and its 200 day moving average price is $20.21.

Invesco Emerging Markets Sovereign Debt ETF 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.