Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 32.7% in the third quarter, Holdings Channel.com reports. The fund owned 39,884 shares of the company’s stock after purchasing an additional 9,819 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco CEF Income Composite ETF were worth $786,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in PCEF. Envestnet Asset Management Inc. increased its holdings in Invesco CEF Income Composite ETF by 15.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,934,535 shares of the company’s stock valued at $36,408,000 after purchasing an additional 255,918 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Invesco CEF Income Composite ETF by 100.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 694,634 shares of the company’s stock worth $13,073,000 after acquiring an additional 347,499 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco CEF Income Composite ETF by 0.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 473,012 shares of the company’s stock valued at $8,902,000 after acquiring an additional 2,300 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Invesco CEF Income Composite ETF by 18.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 432,379 shares of the company’s stock valued at $8,137,000 after acquiring an additional 66,985 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco CEF Income Composite ETF by 1.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 205,739 shares of the company’s stock worth $3,872,000 after purchasing an additional 2,551 shares in the last quarter.

Invesco CEF Income Composite ETF Stock Performance

NYSEARCA PCEF opened at $19.34 on Wednesday. Invesco CEF Income Composite ETF has a one year low of $17.23 and a one year high of $19.77. The firm has a 50 day simple moving average of $19.51 and a 200-day simple moving average of $19.06. The firm has a market cap of $771.92 million, a price-to-earnings ratio of 16.53 and a beta of 0.61.

Invesco CEF Income Composite ETF Profile

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.