HighTower Advisors LLC Buys 175,043 Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

HighTower Advisors LLC boosted its stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF – Get Rating) by 636.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,540 shares of the company’s stock after purchasing an additional 175,043 shares during the period. HighTower Advisors LLC owned about 0.55% of Invesco CEF Income Composite ETF worth $3,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV lifted its stake in Invesco CEF Income Composite ETF by 13.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 155,620 shares of the company’s stock valued at $2,820,000 after purchasing an additional 18,495 shares during the last quarter. Ahrens Investment Partners LLC bought a new position in Invesco CEF Income Composite ETF in the 4th quarter valued at approximately $199,000. Raymond James Financial Services Advisors Inc. lifted its stake in Invesco CEF Income Composite ETF by 17.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 182,917 shares of the company’s stock valued at $3,314,000 after purchasing an additional 26,549 shares during the last quarter. Raymond James & Associates lifted its stake in Invesco CEF Income Composite ETF by 22.5% in the 4th quarter. Raymond James & Associates now owns 37,801 shares of the company’s stock valued at $685,000 after purchasing an additional 6,933 shares during the last quarter. Finally, UBS Group AG lifted its stake in Invesco CEF Income Composite ETF by 17.8% in the 4th quarter. UBS Group AG now owns 823,494 shares of the company’s stock valued at $14,922,000 after purchasing an additional 124,562 shares during the last quarter.

Invesco CEF Income Composite ETF Stock Performance

Shares of NYSEARCA PCEF opened at $17.78 on Friday. Invesco CEF Income Composite ETF has a 52-week low of $17.16 and a 52-week high of $20.82. The firm has a 50 day moving average price of $17.93 and a two-hundred day moving average price of $18.52. The stock 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 Profile

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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.