Resources Investment Advisors Inc. raised its holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 21.5% in the second quarter, HoldingsChannel.com reports. The firm owned 26,031 shares of the company’s stock after purchasing an additional 4,609 shares during the quarter. Resources Investment Advisors Inc.’s holdings in Invesco CEF Income Composite ETF were worth $593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PCEF. Jane Street Group LLC acquired a new position in shares of Invesco CEF Income Composite ETF in the 1st quarter valued at approximately $233,000. AdvisorNet Financial Inc acquired a new position in shares of Invesco CEF Income Composite ETF in the 1st quarter valued at approximately $259,000. LVZ Advisors Inc. acquired a new position in shares of Invesco CEF Income Composite ETF in the 2nd quarter valued at approximately $293,000. Regal Investment Advisors LLC acquired a new position in shares of Invesco CEF Income Composite ETF in the 2nd quarter valued at approximately $319,000. Finally, ProVise Management Group LLC raised its position in shares of Invesco CEF Income Composite ETF by 39.0% in the 1st quarter. ProVise Management Group LLC now owns 15,250 shares of the company’s stock valued at $350,000 after buying an additional 4,282 shares in the last quarter.

Shares of NYSEARCA:PCEF opened at $23.01 on Thursday. Invesco CEF Income Composite ETF has a 12 month low of $22.35 and a 12 month high of $24.24.

The company also recently announced a monthly dividend, which was paid on Friday, August 31st. Stockholders of record on Tuesday, August 21st were given a $0.123 dividend. This represents a $1.48 annualized dividend and a dividend yield of 6.41%. The ex-dividend date was Monday, August 20th.

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.

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Want to see what other hedge funds are holding PCEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CEF Income Composite ETF (NYSEARCA:PCEF).

Institutional Ownership by Quarter for Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

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