Raymond James Financial Services Advisors Inc. Buys 26,549 Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF – Get Rating) by 17.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 182,917 shares of the company’s stock after purchasing an additional 26,549 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco CEF Income Composite ETF were worth $3,314,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EPG Wealth Management LLC purchased a new stake in Invesco CEF Income Composite ETF during the 3rd quarter valued at $29,000. PrairieView Partners LLC purchased a new stake in Invesco CEF Income Composite ETF during the 4th quarter valued at $39,000. Newbridge Financial Services Group Inc. purchased a new stake in Invesco CEF Income Composite ETF during the 4th quarter valued at $82,000. Captrust Financial Advisors purchased a new stake in Invesco CEF Income Composite ETF during the 2nd quarter valued at $112,000. Finally, IFP Advisors Inc boosted its stake in Invesco CEF Income Composite ETF by 443.8% during the 4th quarter. IFP Advisors Inc now owns 10,794 shares of the company’s stock valued at $249,000 after purchasing an additional 8,809 shares during the last quarter.

Invesco CEF Income Composite ETF Price Performance

PCEF stock opened at $17.78 on Monday. The company has a market cap of $658.57 million, a P/E ratio of 15.40 and a beta of 0.80. Invesco CEF Income Composite ETF has a 1 year low of $17.16 and a 1 year high of $20.82. The stock’s fifty day moving average price is $17.93 and its 200-day moving average price is $18.52.

About Invesco CEF Income Composite ETF

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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.