Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 1,935.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,151,354 shares of the company’s stock after acquiring an additional 3,947,406 shares during the quarter. GAMMA Investing LLC owned approximately 10.03% of Invesco CEF Income Composite ETF worth $782,530,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vermillion Wealth Management Inc. purchased a new position in shares of Invesco CEF Income Composite ETF during the fourth quarter valued at $26,000. Menard Financial Group LLC purchased a new position in shares of Invesco CEF Income Composite ETF during the fourth quarter valued at $57,000. VSM Wealth Advisory LLC purchased a new position in shares of Invesco CEF Income Composite ETF during the fourth quarter valued at $85,000. Mezzasalma Advisors LLC purchased a new position in shares of Invesco CEF Income Composite ETF during the fourth quarter valued at $207,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Invesco CEF Income Composite ETF by 2,475.6% during the fourth quarter. JPMorgan Chase & Co. now owns 11,590 shares of the company’s stock valued at $222,000 after buying an additional 11,140 shares in the last quarter.

Invesco CEF Income Composite ETF Trading Up 0.2%

Shares of PCEF stock opened at $18.94 on Friday. Invesco CEF Income Composite ETF has a 1-year low of $16.35 and a 1-year high of $19.95. The company has a market capitalization of $785.25 million, a price-to-earnings ratio of 23.00 and a beta of 0.78. The stock’s fifty day simple moving average is $18.39 and its 200-day simple moving average is $19.10.

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.