Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Strong Trading Volume – What’s Next?

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw unusually-high trading volume on Wednesday . Approximately 4,493,104 shares were traded during trading, an increase of 808% from the previous session’s volume of 494,991 shares.The stock last traded at $21.08 and had previously closed at $21.11.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

The firm’s 50 day moving average is $21.05 and its 200 day moving average is $20.52.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several hedge funds have recently bought and sold shares of PCY. Centaurus Financial Inc. bought a new stake in Invesco Emerging Markets Sovereign Debt ETF during the fourth quarter valued at approximately $1,298,000. Syon Capital LLC bought a new stake in Invesco Emerging Markets Sovereign Debt ETF during the fourth quarter valued at approximately $36,059,000. RFG Advisory LLC lifted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 6.6% in the 1st quarter. RFG Advisory LLC now owns 75,512 shares of the company’s stock worth $1,545,000 after acquiring an additional 4,667 shares during the last quarter. OneAscent Financial Services LLC lifted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 24.0% in the 1st quarter. OneAscent Financial Services LLC now owns 21,226 shares of the company’s stock worth $434,000 after acquiring an additional 4,103 shares during the last quarter. Finally, Trilogy Capital Inc. lifted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 0.7% in the 1st quarter. Trilogy Capital Inc. now owns 301,000 shares of the company’s stock worth $6,158,000 after acquiring an additional 1,990 shares during the last quarter.

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.