Adell Harriman & Carpenter Inc. Grows Stock Holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Adell Harriman & Carpenter Inc. raised its holdings in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 99.5% during the fourth quarter, HoldingsChannel reports. The fund owned 81,600 shares of the company’s stock after purchasing an additional 40,700 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in Invesco CEF Income Composite ETF were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Mezzasalma Advisors LLC purchased a new position in Invesco CEF Income Composite ETF during the fourth quarter valued at approximately $207,000. Money Concepts Capital Corp boosted its holdings in 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 valued at $227,000 after purchasing an additional 965 shares during the period. Compass Financial Services Inc purchased a new position in shares of Invesco CEF Income Composite ETF during the 4th quarter valued at $385,000. Chicago Partners Investment Group LLC increased its holdings 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 worth $562,000 after purchasing an additional 3,356 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in shares of Invesco CEF Income Composite ETF by 32.7% in the third quarter. Oppenheimer & Co. Inc. now owns 39,884 shares of the company’s stock worth $786,000 after buying an additional 9,819 shares in the last quarter.

Invesco CEF Income Composite ETF Stock Up 0.3 %

Invesco CEF Income Composite ETF stock opened at $19.87 on Friday. The stock has a market cap of $793.01 million, a price-to-earnings ratio of 16.53 and a beta of 0.61. The business has a 50-day simple moving average of $19.52 and a 200 day simple moving average of $19.41. Invesco CEF Income Composite ETF has a 52 week low of $17.76 and a 52 week high of $19.91.

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.