Envestnet Portfolio Solutions Inc. Has $245,000 Stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Envestnet Portfolio Solutions Inc. boosted its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 20.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,782 shares of the company’s stock after purchasing an additional 2,188 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco CEF Income Composite ETF were worth $245,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mezzasalma Advisors LLC bought a new stake in shares of Invesco CEF Income Composite ETF in the fourth quarter valued at about $207,000. Money Concepts Capital Corp lifted its position in shares of Invesco CEF Income Composite ETF by 8.9% in the 4th quarter. Money Concepts Capital Corp now owns 11,847 shares of the company’s stock worth $227,000 after acquiring an additional 965 shares during the period. Endowment Wealth Management Inc. grew its holdings in shares of Invesco CEF Income Composite ETF by 6.1% during the 4th quarter. Endowment Wealth Management Inc. now owns 18,895 shares of the company’s stock worth $362,000 after purchasing an additional 1,078 shares in the last quarter. Compass Financial Services Inc bought a new stake in shares of Invesco CEF Income Composite ETF during the fourth quarter valued at approximately $385,000. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Invesco CEF Income Composite ETF by 13.1% in the fourth quarter. Chicago Partners Investment Group LLC now owns 29,046 shares of the company’s stock valued at $562,000 after purchasing an additional 3,356 shares in the last quarter.

Invesco CEF Income Composite ETF Stock Performance

Shares of PCEF stock opened at $18.82 on Friday. Invesco CEF Income Composite ETF has a 52-week low of $17.76 and a 52-week high of $19.95. The stock has a market cap of $781.97 million, a price-to-earnings ratio of 24.64 and a beta of 0.85. The firm has a fifty day moving average of $19.44 and a 200-day moving average of $19.47.

Invesco CEF Income Composite ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.1359 dividend. The ex-dividend date was Monday, March 24th.

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.