WFA of San Diego LLC Makes New Investment in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

WFA of San Diego LLC bought a new position in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,525 shares of the company’s stock, valued at approximately $46,000.

Other hedge funds also recently bought and sold shares of the company. Morgan Stanley boosted its stake in shares of Invesco CEF Income Composite ETF by 2.8% during the 4th quarter. Morgan Stanley now owns 2,172,280 shares of the company’s stock worth $39,362,000 after acquiring an additional 60,047 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco CEF Income Composite ETF by 5.7% during the 1st quarter. Ameriprise Financial Inc. now owns 1,448,667 shares of the company’s stock worth $26,402,000 after acquiring an additional 77,878 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Invesco CEF Income Composite ETF by 18.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,170,270 shares of the company’s stock worth $21,205,000 after acquiring an additional 179,497 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco CEF Income Composite ETF by 4.7% during the 1st quarter. Bank of America Corp DE now owns 885,389 shares of the company’s stock worth $16,132,000 after acquiring an additional 39,417 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of Invesco CEF Income Composite ETF by 62.5% during the 1st quarter. UBS Group AG now owns 864,085 shares of the company’s stock worth $19,070,000 after acquiring an additional 332,326 shares in the last quarter.

Invesco CEF Income Composite ETF Stock Performance

PCEF opened at $17.35 on Tuesday. The company has a market cap of $644.21 million, a PE ratio of 15.40 and a beta of 0.80. The stock has a 50-day moving average of $16.93 and a 200-day moving average of $17.60. Invesco CEF Income Composite ETF has a 52-week low of $15.97 and a 52-week high of $20.00.

Invesco CEF Income Composite ETF Company 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.