Checchi Capital Advisers LLC Cuts Stock Position in Invesco International Corporate Bond ETF $PICB

Checchi Capital Advisers LLC decreased its holdings in shares of Invesco International Corporate Bond ETF (NYSEARCA:PICB) by 5.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 835,786 shares of the company’s stock after selling 43,638 shares during the quarter. Invesco International Corporate Bond ETF comprises approximately 1.0% of Checchi Capital Advisers LLC’s holdings, making the stock its 17th biggest holding. Checchi Capital Advisers LLC owned approximately 5.44% of Invesco International Corporate Bond ETF worth $19,307,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in Invesco International Corporate Bond ETF in the 4th quarter valued at $43,000. SHP Wealth Management acquired a new position in shares of Invesco International Corporate Bond ETF during the fourth quarter worth about $56,000. Cape Investment Advisory Inc. lifted its stake in shares of Invesco International Corporate Bond ETF by 224.9% during the third 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco International Corporate Bond ETF in the second quarter worth about $155,000. Finally, Fifth Third Securities Inc. purchased a new stake in shares of Invesco International Corporate Bond ETF in the fourth quarter worth about $201,000.

Invesco International Corporate Bond ETF Trading Up 0.6%

PICB stock opened at $23.06 on Wednesday. Invesco International Corporate Bond ETF has a 1 year low of $22.75 and a 1 year high of $24.56. The stock has a 50-day simple moving average of $23.31 and a 200-day simple moving average of $23.61.

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.