Wells Fargo & Company MN boosted its position in shares of Invesco Frontier Markets ETF (NYSEARCA:FRN) by 17.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 294,934 shares of the company’s stock after buying an additional 42,984 shares during the period. Wells Fargo & Company MN owned 6.96% of Invesco Frontier Markets ETF worth $4,280,000 at the end of the most recent quarter.
Separately, Steward Partners Investment Advisory LLC purchased a new stake in Invesco Frontier Markets ETF during the 2nd quarter worth approximately $87,000.
Shares of FRN stock traded down $0.03 during trading hours on Friday, reaching $13.62. The company had a trading volume of 411 shares, compared to its average volume of 31,055. The stock has a fifty day moving average of $13.96 and a 200-day moving average of $14.01. Invesco Frontier Markets ETF has a 12-month low of $11.94 and a 12-month high of $14.80.
Guggenheim Frontier Markets ETF (the Fund), formerly Claymore/BNY Mellon Frontier Markets ETF, seeks investment results that correspond generally to the performance of an equity index called Bank of New York Mellon New Frontier DR Index (the Frontier Index). The Fund will invest at least 80% of its total assets in American depositary receipts (ADRs) and global depositary receipts (GDRs) that consists of the Index or in the stocks underlying such ADRs and GDRs.
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