Goldstone Financial Group LLC Buys New Shares in Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

Goldstone Financial Group LLC acquired a new stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) during the third quarter, Holdings Channel.com reports. The firm acquired 61,030 shares of the company’s stock, valued at approximately $1,203,000.

Other large investors have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. lifted its position in shares of Invesco CEF Income Composite ETF by 3.5% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 53,793 shares of the company’s stock valued at $1,014,000 after acquiring an additional 1,810 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of Invesco CEF Income Composite ETF by 8.9% during the first quarter. Avantax Advisory Services Inc. now owns 29,056 shares of the company’s stock valued at $548,000 after purchasing an additional 2,380 shares during the period. Endowment Wealth Management Inc. raised its holdings in shares of Invesco CEF Income Composite ETF by 41.5% during the first quarter. Endowment Wealth Management Inc. now owns 19,553 shares of the company’s stock valued at $369,000 after purchasing an additional 5,738 shares during the period. SageView Advisory Group LLC bought a new position in shares of Invesco CEF Income Composite ETF during the 1st quarter worth about $171,000. Finally, Cetera Investment Advisers grew its stake in shares of Invesco CEF Income Composite ETF by 301.0% in the 1st quarter. Cetera Investment Advisers now owns 176,462 shares of the company’s stock valued at $3,326,000 after buying an additional 132,460 shares during the period.

Invesco CEF Income Composite ETF Stock Performance

PCEF stock opened at $19.33 on Thursday. The stock’s 50 day simple moving average is $19.43 and its 200 day simple moving average is $18.91. The company has a market cap of $771.50 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 $16.10 and a fifty-two week high of $19.76.

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.