Fortress Financial Solutions LLC Invests $409,000 in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)

Fortress Financial Solutions LLC acquired a new position in shares of Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 20,625 shares of the company’s stock, valued at approximately $409,000.

Several other institutional investors have also recently added to or reduced their stakes in PCY. Boyd Watterson Asset Management LLC OH lifted its stake in Invesco Emerging Markets Sovereign Debt ETF by 79.4% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 1,435 shares of the company’s stock worth $31,000 after purchasing an additional 635 shares in the last quarter. Larson Financial Group LLC acquired a new position in Invesco Emerging Markets Sovereign Debt ETF during the 3rd quarter worth about $31,000. Geneos Wealth Management Inc. acquired a new position in Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter worth about $64,000. Synergy Asset Management LLC purchased a new position in Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter valued at about $81,000. Finally, Concord Wealth Partners grew its position in Invesco Emerging Markets Sovereign Debt ETF by 11.1% in the 3rd quarter. Concord Wealth Partners now owns 5,384 shares of the company’s stock valued at $116,000 after acquiring an additional 540 shares in the last quarter.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.5 %

Shares of NYSEARCA:PCY opened at $20.22 on Wednesday. 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 50-day moving average is $20.21 and its two-hundred day moving average is $20.63.

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.