Wealth Enhancement Advisory Services LLC Sells 46,061 Shares of Invesco CEF Income Composite ETF $PCEF

Wealth Enhancement Advisory Services LLC cut its holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 9.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 423,347 shares of the company’s stock after selling 46,061 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.98% of Invesco CEF Income Composite ETF worth $8,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CX Institutional acquired a new stake in Invesco CEF Income Composite ETF in the 3rd quarter valued at about $35,000. WFA of San Diego LLC acquired a new stake in shares of Invesco CEF Income Composite ETF in the second quarter valued at approximately $45,000. Ameritas Advisory Services LLC bought a new position in Invesco CEF Income Composite ETF in the 2nd quarter worth approximately $92,000. Global Retirement Partners LLC raised its position in Invesco CEF Income Composite ETF by 11,170.5% in the 3rd quarter. Global Retirement Partners LLC now owns 4,959 shares of the company’s stock worth $99,000 after purchasing an additional 4,915 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in Invesco CEF Income Composite ETF by 129.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 6,544 shares of the company’s stock worth $128,000 after buying an additional 3,690 shares in the last quarter.

Invesco CEF Income Composite ETF Stock Performance

Shares of PCEF opened at $20.05 on Friday. The business’s fifty day moving average price is $19.86 and its two-hundred day moving average price is $19.87. The firm has a market capitalization of $829.87 million, a price-to-earnings ratio of 23.11 and a beta of 0.78. Invesco CEF Income Composite ETF has a 52 week low of $16.35 and a 52 week high of $20.25.

Invesco CEF Income Composite ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.1301 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 7.8%.

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. 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).