Towercrest Capital Management Decreases Stock Holdings in Invesco Emerging Markets Sovereign Debt ETF $PCY

Towercrest Capital Management trimmed its stake in shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 11.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 241,373 shares of the company’s stock after selling 29,969 shares during the period. Towercrest Capital Management owned approximately 0.41% of Invesco Emerging Markets Sovereign Debt ETF worth $5,228,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Realta Investment Advisors raised its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 104.9% during the third quarter. Realta Investment Advisors now owns 1,164 shares of the company’s stock valued at $25,000 after purchasing an additional 596 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 1.7% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 35,435 shares of the company’s stock worth $764,000 after purchasing an additional 605 shares during the period. Verus Capital Partners LLC lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 1.9% in the 3rd quarter. Verus Capital Partners LLC now owns 35,660 shares of the company’s stock worth $769,000 after purchasing an additional 662 shares during the period. Great Waters Wealth Management lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 2.9% in the 3rd quarter. Great Waters Wealth Management now owns 24,802 shares of the company’s stock worth $535,000 after purchasing an additional 692 shares during the period. Finally, Total Clarity Wealth Management Inc. increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 2.5% during the third quarter. Total Clarity Wealth Management Inc. now owns 34,632 shares of the company’s stock valued at $747,000 after buying an additional 846 shares during the last quarter. 69.00% of the stock is owned by hedge funds and other institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Trading Up 0.1%

PCY opened at $21.07 on Wednesday. Invesco Emerging Markets Sovereign Debt ETF has a 1-year low of $18.71 and a 1-year high of $22.18. The firm’s 50 day simple moving average is $21.48 and its two-hundred day simple moving average is $21.63.

Invesco Emerging Markets Sovereign Debt ETF 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.