Sykon Capital LLC Makes New $1.20 Million Investment in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Sykon Capital LLC purchased a new position in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 66,755 shares of the company’s stock, valued at approximately $1,199,000. Sykon Capital LLC owned 0.18% of Invesco CEF Income Composite ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PCEF. Raymond James & Associates grew its position in Invesco CEF Income Composite ETF by 5.0% during the 3rd quarter. Raymond James & Associates now owns 39,206 shares of the company’s stock worth $670,000 after purchasing an additional 1,879 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco CEF Income Composite ETF by 7.9% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 268,590 shares of the company’s stock worth $4,593,000 after acquiring an additional 19,700 shares in the last quarter. WealthShield Partners LLC boosted its stake in shares of Invesco CEF Income Composite ETF by 1.2% during the 3rd quarter. WealthShield Partners LLC now owns 66,686 shares of the company’s stock worth $1,140,000 after acquiring an additional 816 shares in the last quarter. Freedom Wealth Alliance LLC boosted its stake in shares of Invesco CEF Income Composite ETF by 3.9% during the 3rd quarter. Freedom Wealth Alliance LLC now owns 68,922 shares of the company’s stock worth $1,179,000 after acquiring an additional 2,572 shares in the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of Invesco CEF Income Composite ETF during the 3rd quarter worth about $36,000.

Invesco CEF Income Composite ETF Stock Up 0.8 %

Shares of PCEF stock traded up $0.15 during mid-day trading on Friday, hitting $18.33. 192,318 shares of the stock were exchanged, compared to its average volume of 142,713. The firm has a fifty day moving average of $18.42 and a 200 day moving average of $17.96. Invesco CEF Income Composite ETF has a 52-week low of $15.97 and a 52-week high of $18.87. The company has a market cap of $731.53 million, a PE ratio of 16.53 and a beta of 0.61.

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.