Raymond James Financial Inc. Takes $18.55 Million Position in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Raymond James Financial Inc. purchased a new stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 968,208 shares of the company’s stock, valued at approximately $18,551,000. Raymond James Financial Inc. owned 2.43% of Invesco CEF Income Composite ETF at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Mezzasalma Advisors LLC bought a new stake in shares of Invesco CEF Income Composite ETF during the 4th quarter worth $207,000. Money Concepts Capital Corp boosted its holdings in shares of Invesco CEF Income Composite ETF by 8.9% during the 4th quarter. Money Concepts Capital Corp now owns 11,847 shares of the company’s stock worth $227,000 after buying an additional 965 shares during the period. Compass Financial Services Inc bought a new stake in shares of Invesco CEF Income Composite ETF during the 4th quarter worth $385,000. Chicago Partners Investment Group LLC boosted its holdings in shares of Invesco CEF Income Composite ETF by 13.1% during the 4th quarter. Chicago Partners Investment Group LLC now owns 29,046 shares of the company’s stock worth $562,000 after buying an additional 3,356 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of Invesco CEF Income Composite ETF by 32.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,884 shares of the company’s stock worth $786,000 after buying an additional 9,819 shares during the period.

Invesco CEF Income Composite ETF Trading Up 0.8 %

NYSEARCA PCEF opened at $19.12 on Tuesday. The company has a fifty day simple moving average of $19.50 and a 200 day simple moving average of $19.48. The company has a market cap of $794.44 million, a P/E ratio of 24.64 and a beta of 0.85. Invesco CEF Income Composite ETF has a 1 year low of $17.76 and a 1 year high of $19.95.

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.