Independent Advisor Alliance Invests $676,000 in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)

Independent Advisor Alliance acquired a new stake in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) during the fourth quarter, Holdings Channel.com reports. The firm acquired 34,091 shares of the company’s stock, valued at approximately $676,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 134.0% in the fourth quarter. Jones Financial Companies Lllp now owns 11,897 shares of the company’s stock valued at $236,000 after purchasing an additional 6,813 shares during the last quarter. Stifel Financial Corp grew its holdings in Invesco Emerging Markets Sovereign Debt ETF by 6.1% in the 3rd quarter. Stifel Financial Corp now owns 92,757 shares of the company’s stock valued at $1,994,000 after buying an additional 5,365 shares during the last quarter. Citigroup Inc. increased its position in Invesco Emerging Markets Sovereign Debt ETF by 3.2% in the 3rd quarter. Citigroup Inc. now owns 387,186 shares of the company’s stock worth $8,324,000 after buying an additional 11,824 shares during the period. Bank of New York Mellon Corp increased its position in Invesco Emerging Markets Sovereign Debt ETF by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 385,713 shares of the company’s stock worth $7,645,000 after buying an additional 3,775 shares during the period. Finally, MONECO Advisors LLC boosted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 0.8% in the fourth quarter. MONECO Advisors LLC now owns 137,500 shares of the company’s stock valued at $2,725,000 after acquiring an additional 1,033 shares during the period.

Invesco Emerging Markets Sovereign Debt ETF Stock Up 0.1 %

Shares of PCY stock opened at $20.30 on Monday. Invesco Emerging Markets Sovereign Debt ETF has a 1 year low of $19.51 and a 1 year high of $21.69. The firm’s fifty day simple moving average is $20.22 and its 200 day simple moving average is $20.59.

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.