Oppenheimer & Co. Inc. Increases Stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Oppenheimer & Co. Inc. raised its holdings in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 32.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,884 shares of the company’s stock after buying an additional 9,819 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.10% of Invesco CEF Income Composite ETF worth $786,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of PCEF. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco CEF Income Composite ETF by 3,096.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,918 shares of the company’s stock valued at $36,000 after purchasing an additional 1,858 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco CEF Income Composite ETF in the 2nd quarter worth $49,000. Atticus Wealth Management LLC purchased a new position in shares of Invesco CEF Income Composite ETF during the 2nd quarter worth $90,000. UMB Bank n.a. acquired a new position in shares of Invesco CEF Income Composite ETF during the 2nd quarter valued at about $119,000. Finally, Atlas Private Wealth Advisors purchased a new stake in shares of Invesco CEF Income Composite ETF in the second quarter valued at about $214,000.

Invesco CEF Income Composite ETF Price Performance

Shares of PCEF stock opened at $19.34 on Wednesday. The company has a market capitalization of $771.92 million, a PE ratio of 16.53 and a beta of 0.61. The firm’s 50-day moving average is $19.51 and its two-hundred day moving average is $19.06. Invesco CEF Income Composite ETF has a 12 month low of $17.23 and a 12 month high of $19.77.

About Invesco CEF Income Composite ETF

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.