Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Stake Lessened by Apollon Wealth Management LLC

Apollon Wealth Management LLC decreased its position in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 21.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 37,488 shares of the company’s stock after selling 10,305 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco CEF Income Composite ETF were worth $739,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco CEF Income Composite ETF by 3,096.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,918 shares of the company’s stock valued at $36,000 after purchasing an additional 1,858 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco CEF Income Composite ETF in the second quarter worth about $49,000. Atticus Wealth Management LLC acquired a new stake in Invesco CEF Income Composite ETF in the 2nd quarter valued at about $90,000. UMB Bank n.a. bought a new position in shares of Invesco CEF Income Composite ETF during the 2nd quarter valued at about $119,000. Finally, SageView Advisory Group LLC acquired a new position in shares of Invesco CEF Income Composite ETF in the 1st quarter worth approximately $171,000.

Invesco CEF Income Composite ETF Price Performance

NYSEARCA PCEF opened at $19.36 on Friday. Invesco CEF Income Composite ETF has a 12 month low of $17.23 and a 12 month high of $19.77. The company has a market capitalization of $772.66 million, a P/E ratio of 16.53 and a beta of 0.61. The company’s 50 day simple moving average is $19.51 and its 200 day simple moving average is $19.03.

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.