Farther Finance Advisors LLC Acquires 3,690 Shares of Invesco CEF Income Composite ETF $PCEF

Farther Finance Advisors LLC lifted its holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 129.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,544 shares of the company’s stock after acquiring an additional 3,690 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco CEF Income Composite ETF were worth $128,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of Invesco CEF Income Composite ETF by 7.9% during the first quarter. Envestnet Asset Management Inc. now owns 2,634,410 shares of the company’s stock valued at $49,659,000 after acquiring an additional 193,458 shares in the last quarter. Royal Bank of Canada lifted its position in Invesco CEF Income Composite ETF by 2.7% during the first quarter. Royal Bank of Canada now owns 2,137,345 shares of the company’s stock valued at $40,289,000 after purchasing an additional 56,085 shares during the period. Raymond James Financial Inc. raised its position in shares of Invesco CEF Income Composite ETF by 4.9% in the first quarter. Raymond James Financial Inc. now owns 1,015,382 shares of the company’s stock worth $19,140,000 after acquiring an additional 47,174 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco CEF Income Composite ETF by 6.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 469,408 shares of the company’s stock worth $9,261,000 after purchasing an additional 30,453 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Invesco CEF Income Composite ETF by 66.0% during the 1st quarter. Cetera Investment Advisers now owns 418,075 shares of the company’s stock valued at $7,881,000 after acquiring an additional 166,211 shares in the last quarter.

Invesco CEF Income Composite ETF Price Performance

Invesco CEF Income Composite ETF stock opened at $20.01 on Friday. The firm has a 50 day simple moving average of $19.92 and a 200-day simple moving average of $19.23. Invesco CEF Income Composite ETF has a 1-year low of $16.35 and a 1-year high of $20.25. The stock has a market cap of $840.62 million, a price-to-earnings ratio of 23.11 and a beta of 0.80.

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.