Freedom Investment Management Inc. Lowers Position in Invesco International Corporate Bond ETF $PICB

Freedom Investment Management Inc. cut its holdings in Invesco International Corporate Bond ETF (NYSEARCA:PICB) by 17.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,171 shares of the company’s stock after selling 15,118 shares during the quarter. Freedom Investment Management Inc. owned approximately 0.93% of Invesco International Corporate Bond ETF worth $1,745,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in PICB. Tanager Wealth Management LLP lifted its stake in Invesco International Corporate Bond ETF by 11.4% in the first quarter. Tanager Wealth Management LLP now owns 746,794 shares of the company’s stock worth $16,588,000 after acquiring an additional 76,160 shares during the period. McGinn Penninger Investment Management Inc. purchased a new stake in Invesco International Corporate Bond ETF in the first quarter worth about $297,000. Checchi Capital Advisers LLC lifted its stake in Invesco International Corporate Bond ETF by 13.7% in the first quarter. Checchi Capital Advisers LLC now owns 859,926 shares of the company’s stock worth $19,101,000 after acquiring an additional 103,514 shares during the period. LPL Financial LLC lifted its stake in Invesco International Corporate Bond ETF by 13.5% in the first quarter. LPL Financial LLC now owns 340,711 shares of the company’s stock worth $7,568,000 after acquiring an additional 40,396 shares during the period. Finally, 17 Capital Partners LLC lifted its stake in Invesco International Corporate Bond ETF by 23.5% in the first quarter. 17 Capital Partners LLC now owns 33,544 shares of the company’s stock worth $745,000 after acquiring an additional 6,379 shares during the period.

Invesco International Corporate Bond ETF Stock Up 0.3%

NYSEARCA:PICB opened at $23.83 on Thursday. Invesco International Corporate Bond ETF has a 1-year low of $20.99 and a 1-year high of $24.31. The company has a 50-day moving average of $23.79 and a 200 day moving average of $23.59.

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.