Raymond James Financial Services Advisors Inc. Decreases Position in Invesco Emerging Markets Sovereign Debt ETF (PCY)

Raymond James Financial Services Advisors Inc. reduced its stake in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) by 7.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 197,674 shares of the company’s stock after selling 15,296 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Emerging Markets Sovereign Debt ETF were worth $5,535,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in PCY. Private Ocean LLC raised its stake in Invesco Emerging Markets Sovereign Debt ETF by 53.5% in the first quarter. Private Ocean LLC now owns 1,158,687 shares of the company’s stock worth $32,443,000 after buying an additional 404,085 shares in the last quarter. Moller Financial Services bought a new position in Invesco Emerging Markets Sovereign Debt ETF in the first quarter worth about $10,287,000. 6 Meridian bought a new position in Invesco Emerging Markets Sovereign Debt ETF in the first quarter worth about $8,668,000. Versant Capital Management Inc bought a new position in Invesco Emerging Markets Sovereign Debt ETF in the fourth quarter worth about $7,765,000. Finally, Enterprise Financial Services Corp bought a new position in Invesco Emerging Markets Sovereign Debt ETF in the first quarter worth about $6,739,000.

PCY stock opened at $27.73 on Friday. Invesco Emerging Markets Sovereign Debt ETF has a 1 year low of $25.56 and a 1 year high of $28.23.

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Tuesday, May 21st will be paid a $0.1217 dividend. This is an increase from Invesco Emerging Markets Sovereign Debt ETF’s previous monthly dividend of $0.12. This represents a $1.46 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date of this dividend is Monday, May 20th.

TRADEMARK VIOLATION WARNING: “Raymond James Financial Services Advisors Inc. Decreases Position in Invesco Emerging Markets Sovereign Debt ETF (PCY)” was first published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this news story can be viewed at https://www.baseballdailydigest.com/news/2019/05/24/raymond-james-financial-services-advisors-inc-decreases-position-in-invesco-emerging-markets-sovereign-debt-etf-pcy.html.

Read More: Are FAANG stocks a good investment?

Want to see what other hedge funds are holding PCY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY).

Institutional Ownership by Quarter for Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY)

Receive News & Ratings for Invesco Emerging Markets Sovereign Debt ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Emerging Markets Sovereign Debt ETF and related companies with MarketBeat.com's FREE daily email newsletter.