Beck Bode LLC Cuts Stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Beck Bode LLC lowered its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,296 shares of the company’s stock after selling 5,011 shares during the period. Beck Bode LLC owned 0.41% of Invesco CEF Income Composite ETF worth $2,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of PCEF. Adell Harriman & Carpenter Inc. increased its holdings in Invesco CEF Income Composite ETF by 51.2% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 22,600 shares of the company’s stock valued at $406,000 after acquiring an additional 7,650 shares during the last quarter. Truist Financial Corp lifted its position in shares of Invesco CEF Income Composite ETF by 1,577.7% in the fourth quarter. Truist Financial Corp now owns 403,753 shares of the company’s stock worth $7,251,000 after buying an additional 379,687 shares in the last quarter. CWM LLC boosted its stake in Invesco CEF Income Composite ETF by 1,172.1% during the fourth quarter. CWM LLC now owns 21,333 shares of the company’s stock valued at $383,000 after buying an additional 19,656 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Invesco CEF Income Composite ETF during the 4th quarter valued at approximately $252,000. Finally, Panoramic Investment Advisors LLC increased its stake in Invesco CEF Income Composite ETF by 3.2% in the 4th quarter. Panoramic Investment Advisors LLC now owns 20,443 shares of the company’s stock worth $367,000 after acquiring an additional 640 shares during the last quarter.

Invesco CEF Income Composite ETF Price Performance

Shares of NYSEARCA PCEF traded down $0.11 during midday trading on Tuesday, reaching $17.96. 190,984 shares of the stock traded hands, compared to its average volume of 140,149. The company’s 50 day moving average is $18.44 and its 200 day moving average is $17.93. Invesco CEF Income Composite ETF has a one year low of $15.97 and a one year high of $18.87. The stock has a market capitalization of $724.33 million, a PE ratio of 16.67 and a beta of 0.60.

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.