Commonwealth Equity Services LLC Trims Stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Commonwealth Equity Services LLC lessened its holdings in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 2.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 451,201 shares of the company’s stock after selling 10,077 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco CEF Income Composite ETF were worth $8,645,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of PCEF. Raymond James Financial Inc. bought a new stake in shares of Invesco CEF Income Composite ETF during the 4th quarter worth approximately $18,551,000. Independent Advisor Alliance bought a new stake in shares of Invesco CEF Income Composite ETF during the fourth quarter worth $11,980,000. GAMMA Investing LLC lifted its position in shares of Invesco CEF Income Composite ETF by 52.9% during the fourth quarter. GAMMA Investing LLC now owns 203,948 shares of the company’s stock worth $3,908,000 after purchasing an additional 70,586 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of Invesco CEF Income Composite ETF by 30.4% during the third quarter. MML Investors Services LLC now owns 184,860 shares of the company’s stock valued at $3,644,000 after purchasing an additional 43,102 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of Invesco CEF Income Composite ETF by 34.1% in the third quarter. Rockefeller Capital Management L.P. now owns 104,252 shares of the company’s stock worth $2,055,000 after purchasing an additional 26,485 shares during the last quarter.

Invesco CEF Income Composite ETF Price Performance

PCEF stock opened at $19.15 on Thursday. Invesco CEF Income Composite ETF has a 12 month low of $17.76 and a 12 month high of $19.95. The firm’s 50-day moving average is $19.49 and its 200 day moving average is $19.48. The company has a market capitalization of $795.68 million, a PE ratio of 24.64 and a beta of 0.85.

About Invesco CEF Income Composite ETF

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index.