Sykon Capital LLC Acquires New Stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Sykon Capital LLC acquired a new position in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) in the fourth quarter, HoldingsChannel reports. The firm acquired 66,755 shares of the company’s stock, valued at approximately $1,199,000.

Several other institutional investors have also recently added to or reduced their stakes in PCEF. Evergreen Capital Management LLC purchased a new stake in shares of Invesco CEF Income Composite ETF during the third quarter worth about $17,438,000. Envestnet Asset Management Inc. raised its position in shares of Invesco CEF Income Composite ETF by 101.2% in the third quarter. Envestnet Asset Management Inc. now owns 1,264,646 shares of the company’s stock valued at $21,625,000 after buying an additional 636,057 shares during the last quarter. Truist Financial Corp raised 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 valued at $7,251,000 after buying an additional 379,687 shares during the last quarter. LPL Financial LLC raised its position in shares of Invesco CEF Income Composite ETF by 13.4% in the third quarter. LPL Financial LLC now owns 854,080 shares of the company’s stock valued at $14,605,000 after buying an additional 101,029 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of Invesco CEF Income Composite ETF by 26.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 339,693 shares of the company’s stock valued at $6,101,000 after buying an additional 71,103 shares during the last quarter.

Invesco CEF Income Composite ETF Stock Up 0.8 %

Shares of NYSEARCA:PCEF traded up $0.15 during trading on Friday, reaching $18.33. The stock had a trading volume of 192,318 shares, compared to its average volume of 142,713. The business has a fifty day moving average price of $18.42 and a 200-day moving average price of $17.96. The stock has a market cap of $731.53 million, a P/E ratio of 16.53 and a beta of 0.61. Invesco CEF Income Composite ETF has a fifty-two week low of $15.97 and a fifty-two week high of $18.87.

Invesco CEF Income Composite ETF 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.