Truist Financial Corp Takes Position in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)

Truist Financial Corp bought a new position in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) during the 2nd quarter, Holdings Channel.com reports. The fund bought 10,101 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PCY. International Assets Investment Management LLC bought a new stake in Invesco Emerging Markets Sovereign Debt ETF in the second quarter worth $48,000. Northwestern Mutual Wealth Management Co. increased its holdings 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 buying an additional 519 shares during the last quarter. Concord Wealth Partners raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 5,532.6% during the 1st quarter. Concord Wealth Partners now owns 4,844 shares of the company’s stock valued at $99,000 after buying an additional 4,758 shares in the last quarter. Wolverine Asset Management LLC raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 39.9% during the 2nd quarter. Wolverine Asset Management LLC now owns 8,703 shares of the company’s stock valued at $174,000 after buying an additional 2,484 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in shares of Invesco Emerging Markets Sovereign Debt ETF in the 2nd quarter valued at about $207,000.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

Shares of NYSEARCA PCY opened at $21.13 on Friday. Invesco Emerging Markets Sovereign Debt ETF has a 1-year low of $17.30 and a 1-year high of $21.69. The business’s 50 day moving average is $21.16 and its two-hundred day moving average is $20.56.

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.