Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Unusually-High Trading Volume

Shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw unusually-strong trading volume on Thursday . Approximately 862,257 shares were traded during mid-day trading, an increase of 72% from the previous session’s volume of 500,269 shares.The stock last traded at $20.56 and had previously closed at $20.46.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

The company’s 50-day moving average is $20.33 and its 200 day moving average is $20.20.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Syon Capital LLC purchased a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the 4th quarter worth $36,059,000. Jane Street Group LLC bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 1st quarter valued at about $32,344,000. Financial & Tax Architects LLC purchased a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter valued at about $13,653,000. Waverly Advisors LLC bought a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the 1st quarter worth approximately $6,279,000. Finally, Peninsula Wealth LLC purchased a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the first quarter worth approximately $4,601,000.

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.