Envestnet Asset Management Inc. Has $36.41 Million Stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Envestnet Asset Management Inc. increased its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 15.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,934,535 shares of the company’s stock after purchasing an additional 255,918 shares during the quarter. Envestnet Asset Management Inc. owned approximately 4.85% of Invesco CEF Income Composite ETF worth $36,408,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PCEF. Adell Harriman & Carpenter Inc. boosted its stake in shares of Invesco CEF Income Composite ETF by 8.2% during the 2nd quarter. Adell Harriman & Carpenter Inc. now owns 32,900 shares of the company’s stock valued at $619,000 after buying an additional 2,500 shares during the period. Commonwealth Equity Services LLC grew its stake in Invesco CEF Income Composite ETF by 0.5% in the second quarter. Commonwealth Equity Services LLC now owns 473,012 shares of the company’s stock valued at $8,902,000 after purchasing an additional 2,300 shares in the last quarter. UMB Bank n.a. acquired a new position in Invesco CEF Income Composite ETF in the 2nd quarter worth about $119,000. Cambridge Investment Research Advisors Inc. increased its position in Invesco CEF Income Composite ETF by 1.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 205,739 shares of the company’s stock worth $3,872,000 after purchasing an additional 2,551 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in Invesco CEF Income Composite ETF by 100.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 694,634 shares of the company’s stock worth $13,073,000 after buying an additional 347,499 shares during the last quarter.

Invesco CEF Income Composite ETF Stock Performance

Shares of PCEF opened at $19.61 on Friday. The firm has a market cap of $782.64 million, a PE ratio of 16.53 and a beta of 0.61. The firm’s 50 day moving average price is $19.06 and its 200 day moving average price is $18.73. Invesco CEF Income Composite ETF has a twelve month low of $15.97 and a twelve month high of $19.68.

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.