Oppenheimer & Co. Inc. Makes New Investment in Invesco CEF Income Composite ETF $PCEF

Oppenheimer & Co. Inc. purchased a new position in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 78,686 shares of the company’s stock, valued at approximately $1,523,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco CEF Income Composite ETF in the second quarter valued at $25,000. Integrated Wealth Concepts LLC acquired a new position in Invesco CEF Income Composite ETF in the second quarter valued at $49,000. Ascentis Independent Advisors purchased a new position in shares of Invesco CEF Income Composite ETF during the first quarter worth about $95,000. Western Wealth Management LLC purchased a new position in shares of Invesco CEF Income Composite ETF during the first quarter worth about $154,000. Finally, GAMMA Investing LLC grew its holdings in shares of Invesco CEF Income Composite ETF by 129.6% during the second quarter. GAMMA Investing LLC now owns 13,027 shares of the company’s stock worth $265,000 after purchasing an additional 7,354 shares during the last quarter.

Invesco CEF Income Composite ETF Stock Performance

PCEF opened at $19.15 on Monday. The business’s 50-day simple moving average is $19.64 and its 200-day simple moving average is $19.86. Invesco CEF Income Composite ETF has a one year low of $18.30 and a one year high of $20.60. The stock has a market capitalization of $742.83 million, a P/E ratio of 23.11 and a beta of 0.77.

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).