Bristlecone Value Partners LLC Makes New $2.01 Million Investment in Invesco International Corporate Bond ETF $PICB

Bristlecone Value Partners LLC purchased a new position in shares of Invesco International Corporate Bond ETF (NYSEARCA:PICB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 84,234 shares of the company’s stock, valued at approximately $2,011,000. Invesco International Corporate Bond ETF accounts for 2.3% of Bristlecone Value Partners LLC’s investment portfolio, making the stock its 12th biggest position. Bristlecone Value Partners LLC owned approximately 0.73% of Invesco International Corporate Bond ETF as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PICB. Kestra Advisory Services LLC purchased a new stake in Invesco International Corporate Bond ETF during the 4th quarter worth about $43,000. Cape Investment Advisory Inc. increased its holdings in Invesco International Corporate Bond ETF by 224.9% during the 3rd quarter. Cape Investment Advisory Inc. now owns 4,100 shares of the company’s stock worth $98,000 after purchasing an additional 2,838 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco International Corporate Bond ETF during the 2nd quarter worth about $155,000. Fifth Third Securities Inc. purchased a new stake in Invesco International Corporate Bond ETF during the 4th quarter worth about $201,000. Finally, Cetera Investment Advisers purchased a new stake in Invesco International Corporate Bond ETF during the 2nd quarter worth about $206,000.

Invesco International Corporate Bond ETF Stock Performance

Shares of NYSEARCA PICB opened at $23.43 on Friday. The stock’s 50-day moving average is $23.48 and its two-hundred day moving average is $23.70. Invesco International Corporate Bond ETF has a 1-year low of $22.75 and a 1-year high of $24.56.

Invesco International Corporate Bond ETF Company Profile

PowerShares International Corporate Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P International Corporate Bond Index (the Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index measures the performance of investment grade corporate bonds issued by non-the United States issuers in the currencies: Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, Swiss Franc, Danish Krone, New Zealand Dollar, Norwegian Krone and Swedish Krona.