Towercrest Capital Management Sells 29,969 Shares of Invesco Emerging Markets Sovereign Debt ETF $PCY

Towercrest Capital Management trimmed its position in shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 11.0% during the 4th quarter, Holdings Channel reports. The firm owned 241,373 shares of the company’s stock after selling 29,969 shares during the period. Towercrest Capital Management’s holdings in Invesco Emerging Markets Sovereign Debt ETF were worth $5,228,000 at the end of the most recent reporting period.

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

Invesco Emerging Markets Sovereign Debt ETF Stock Up 0.1%

PCY opened at $21.07 on Wednesday. The company has a fifty day moving average of $21.48 and a 200 day moving average of $21.63. Invesco Emerging Markets Sovereign Debt ETF has a fifty-two week low of $18.71 and a fifty-two week high of $22.18.

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.