Intrua Financial LLC Has $10.55 Million Position in Invesco CEF Income Composite ETF $PCEF

Intrua Financial LLC raised its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 12.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 528,169 shares of the company’s stock after purchasing an additional 57,317 shares during the period. Invesco CEF Income Composite ETF accounts for 1.1% of Intrua Financial LLC’s portfolio, making the stock its 13th largest holding. Intrua Financial LLC owned 1.22% of Invesco CEF Income Composite ETF worth $10,548,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Level Four Advisory Services LLC grew its stake in Invesco CEF Income Composite ETF by 5.0% in the 2nd quarter. Level Four Advisory Services LLC now owns 10,777 shares of the company’s stock valued at $211,000 after buying an additional 512 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Invesco CEF Income Composite ETF by 0.5% during the second quarter. Rockefeller Capital Management L.P. now owns 103,038 shares of the company’s stock valued at $2,013,000 after acquiring an additional 560 shares during the period. Buska Wealth Management LLC grew its position in shares of Invesco CEF Income Composite ETF by 3.4% in the second quarter. Buska Wealth Management LLC now owns 19,886 shares of the company’s stock valued at $389,000 after purchasing an additional 651 shares during the last quarter. TFG Advisers LLC increased its stake in shares of Invesco CEF Income Composite ETF by 4.7% in the second quarter. TFG Advisers LLC now owns 14,998 shares of the company’s stock worth $293,000 after purchasing an additional 670 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of Invesco CEF Income Composite ETF by 2.7% during the 1st quarter. NewEdge Advisors LLC now owns 37,621 shares of the company’s stock worth $709,000 after purchasing an additional 983 shares during the last quarter.

Invesco CEF Income Composite ETF Stock Up 0.1%

Shares of NYSEARCA:PCEF opened at $20.15 on Monday. The company has a market cap of $834.01 million, a price-to-earnings ratio of 23.11 and a beta of 0.78. The business has a 50 day moving average price of $19.86 and a 200 day moving average price of $19.86. Invesco CEF Income Composite ETF has a twelve month low of $16.35 and a twelve month high of $20.25.

Invesco CEF Income Composite ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be paid a $0.1301 dividend. The ex-dividend date is Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 7.7%.

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. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).