BG Investment Services Inc. Buys New Shares in Invesco CEF Income Composite ETF $PCEF

BG Investment Services Inc. purchased a new stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) in the 2nd quarter, Holdings Channel reports. The fund purchased 15,726 shares of the company’s stock, valued at approximately $307,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC acquired a new position in shares of Invesco CEF Income Composite ETF during the 1st quarter worth approximately $54,000. GAMMA Investing LLC grew its stake in shares of Invesco CEF Income Composite ETF by 8.0% in the first quarter. GAMMA Investing LLC now owns 220,231 shares of the company’s stock valued at $4,151,000 after buying an additional 16,283 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Invesco CEF Income Composite ETF by 14.7% during the first quarter. Janney Montgomery Scott LLC now owns 28,420 shares of the company’s stock worth $536,000 after buying an additional 3,635 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Invesco CEF Income Composite ETF by 96.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 25,072 shares of the company’s stock worth $473,000 after buying an additional 12,290 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in Invesco CEF Income Composite ETF by 9.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 233,941 shares of the company’s stock worth $4,410,000 after acquiring an additional 19,476 shares in the last quarter.

Invesco CEF Income Composite ETF Price Performance

Shares of PCEF stock opened at $19.72 on Tuesday. The company has a fifty day moving average price of $19.97 and a two-hundred day moving average price of $19.32. Invesco CEF Income Composite ETF has a one year low of $16.35 and a one year high of $20.25. The stock has a market cap of $849.73 million, a P/E ratio of 23.11 and a beta of 0.80.

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.