Adell Harriman & Carpenter Inc. Purchases 7,650 Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Adell Harriman & Carpenter Inc. increased its position in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 51.2% in the 4th quarter, HoldingsChannel reports. The fund owned 22,600 shares of the company’s stock after acquiring an additional 7,650 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Invesco CEF Income Composite ETF were worth $406,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Evergreen Capital Management LLC purchased a new stake in Invesco CEF Income Composite ETF in the third quarter valued at about $17,438,000. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco CEF Income Composite ETF by 101.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,264,646 shares of the company’s stock worth $21,625,000 after purchasing an additional 636,057 shares during the period. Truist Financial Corp raised its position in Invesco CEF Income Composite ETF by 1,577.7% during the 4th quarter. Truist Financial Corp now owns 403,753 shares of the company’s stock worth $7,251,000 after buying an additional 379,687 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Invesco CEF Income Composite ETF by 13.4% during the third quarter. LPL Financial LLC now owns 854,080 shares of the company’s stock worth $14,605,000 after purchasing an additional 101,029 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in Invesco CEF Income Composite ETF by 26.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 339,693 shares of the company’s stock valued at $6,101,000 after purchasing an additional 71,103 shares during the period.

Invesco CEF Income Composite ETF Stock Up 0.1 %

Shares of PCEF stock traded up $0.01 during trading hours on Tuesday, hitting $18.08. 9,142 shares of the company’s stock were exchanged, compared to its average volume of 137,958. The firm has a 50 day moving average of $18.44 and a two-hundred day moving average of $17.93. Invesco CEF Income Composite ETF has a fifty-two week low of $15.97 and a fifty-two week high of $18.87. The firm has a market cap of $729.17 million, a P/E ratio of 16.67 and a beta of 0.60.

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.