Invesco CEF Income Composite ETF $PCEF Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC grew its holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 55.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 892,450 shares of the company’s stock after purchasing an additional 320,067 shares during the quarter. Larson Financial Group LLC owned about 2.06% of Invesco CEF Income Composite ETF worth $17,822,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PCEF. Cetera Investment Advisers lifted its position in Invesco CEF Income Composite ETF by 19.3% during the second quarter. Cetera Investment Advisers now owns 498,833 shares of the company’s stock worth $9,747,000 after buying an additional 80,758 shares in the last quarter. Merit Financial Group LLC grew its holdings in Invesco CEF Income Composite ETF by 33.1% in the 3rd quarter. Merit Financial Group LLC now owns 175,494 shares of the company’s stock valued at $3,505,000 after buying an additional 43,611 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in shares of Invesco CEF Income Composite ETF in the 3rd quarter worth $969,000. Intrua Financial LLC increased its stake in shares of Invesco CEF Income Composite ETF by 12.2% in the 3rd quarter. Intrua Financial LLC now owns 528,169 shares of the company’s stock worth $10,548,000 after acquiring an additional 57,317 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Invesco CEF Income Composite ETF by 840.8% during the 3rd quarter. CWM LLC now owns 28,656 shares of the company’s stock worth $572,000 after acquiring an additional 25,610 shares during the period.

Invesco CEF Income Composite ETF Trading Up 1.0%

Shares of PCEF stock opened at $19.36 on Tuesday. The company’s 50-day moving average price is $19.99 and its 200-day moving average price is $19.93. The stock has a market cap of $792.60 million, a price-to-earnings ratio of 23.11 and a beta of 0.78. Invesco CEF Income Composite ETF has a twelve month low of $16.35 and a twelve month high of $20.30.

Invesco CEF Income Composite ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.13 dividend. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date was Monday, February 23rd.

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. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).