Family Asset Management LLC Makes New $839,000 Investment in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)

Family Asset Management LLC purchased a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,680 shares of the company’s stock, valued at approximately $839,000. Family Asset Management LLC owned about 0.05% of Invesco Emerging Markets Sovereign Debt ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PCY. Raymond James & Associates raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 1.8% during the 3rd quarter. Raymond James & Associates now owns 107,737 shares of the company’s stock valued at $1,968,000 after acquiring an additional 1,879 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Invesco Emerging Markets Sovereign Debt ETF by 1,451.3% in the third quarter. Bank of New York Mellon Corp now owns 328,137 shares of the company’s stock valued at $5,995,000 after buying an additional 306,985 shares during the period. Arbor Capital Management Inc. ADV boosted its holdings in Invesco Emerging Markets Sovereign Debt ETF by 21.6% during the third quarter. Arbor Capital Management Inc. ADV now owns 67,150 shares of the company’s stock worth $1,176,000 after buying an additional 11,938 shares during the last quarter. Perigon Wealth Management LLC grew its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.2% during the 3rd quarter. Perigon Wealth Management LLC now owns 89,862 shares of the company’s stock worth $1,642,000 after buying an additional 1,963 shares during the period. Finally, Endowment Wealth Management Inc. increased its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 18.9% in the 3rd quarter. Endowment Wealth Management Inc. now owns 26,759 shares of the company’s stock valued at $489,000 after acquiring an additional 4,257 shares during the last quarter.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

Shares of NYSEARCA:PCY traded down $0.07 during mid-day trading on Wednesday, reaching $20.18. The stock had a trading volume of 218,723 shares, compared to its average volume of 546,030. The firm has a 50 day simple moving average of $20.17 and a two-hundred day simple moving average of $19.82. Invesco Emerging Markets Sovereign Debt ETF has a twelve month low of $17.30 and a twelve month high of $20.86.

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.