Sykon Capital LLC Grows Holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Sykon Capital LLC lifted its stake in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 41.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,742 shares of the company’s stock after purchasing an additional 60,462 shares during the period. Invesco CEF Income Composite ETF comprises 1.4% of Sykon Capital LLC’s investment portfolio, making the stock its 20th biggest position. Sykon Capital LLC’s holdings in Invesco CEF Income Composite ETF were worth $3,923,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in Invesco CEF Income Composite ETF during the fourth quarter worth about $18,551,000. Independent Advisor Alliance acquired a new position in Invesco CEF Income Composite ETF in the 4th quarter valued at about $11,980,000. GAMMA Investing LLC boosted its holdings in Invesco CEF Income Composite ETF by 52.9% in the 4th quarter. GAMMA Investing LLC now owns 203,948 shares of the company’s stock valued at $3,908,000 after purchasing an additional 70,586 shares during the last quarter. MML Investors Services LLC boosted its holdings in Invesco CEF Income Composite ETF by 30.4% in the 3rd quarter. MML Investors Services LLC now owns 184,860 shares of the company’s stock valued at $3,644,000 after purchasing an additional 43,102 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in Invesco CEF Income Composite ETF by 34.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 104,252 shares of the company’s stock valued at $2,055,000 after purchasing an additional 26,485 shares during the last quarter.

Invesco CEF Income Composite ETF Price Performance

NYSEARCA:PCEF opened at $19.11 on Friday. The company’s 50-day moving average is $19.48 and its two-hundred day moving average is $19.48. Invesco CEF Income Composite ETF has a 1-year low of $17.76 and a 1-year high of $19.95. The firm has a market capitalization of $794.02 million, a price-to-earnings ratio of 24.64 and a beta of 0.85.

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.