Invesco Emerging Markets Sovereign Debt ETF $PCY Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its position in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 11.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 456,200 shares of the company’s stock after selling 59,682 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.80% of Invesco Emerging Markets Sovereign Debt ETF worth $9,357,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 79.3% during the first quarter. Farther Finance Advisors LLC now owns 1,262 shares of the company’s stock worth $26,000 after purchasing an additional 558 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the first quarter valued at $32,000. Sound Income Strategies LLC boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 20.6% during the first quarter. Sound Income Strategies LLC now owns 4,855 shares of the company’s stock valued at $98,000 after acquiring an additional 830 shares during the last quarter. Zullo Investment Group Inc. acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the first quarter valued at $205,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 39.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 10,503 shares of the company’s stock valued at $212,000 after acquiring an additional 2,962 shares during the last quarter. 69.00% of the stock is owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

Shares of NYSEARCA:PCY opened at $21.47 on Tuesday. The stock’s 50-day moving average price is $20.90 and its two-hundred day moving average price is $20.27. Invesco Emerging Markets Sovereign Debt ETF has a 12-month low of $18.71 and a 12-month high of $21.79.

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.