Invesco CEF Income Composite ETF $PCEF Holdings Lowered by Royal Bank of Canada

Royal Bank of Canada decreased its stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 2.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,981,641 shares of the company’s stock after selling 62,615 shares during the quarter. Royal Bank of Canada owned 7.12% of Invesco CEF Income Composite ETF worth $56,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Intrua Financial LLC raised its holdings in Invesco CEF Income Composite ETF by 10.5% during the 4th quarter. Intrua Financial LLC now owns 583,845 shares of the company’s stock worth $11,607,000 after buying an additional 55,676 shares during the period. Independent Financial Group LLC acquired a new position in shares of Invesco CEF Income Composite ETF in the first quarter worth about $494,000. Adell Harriman & Carpenter Inc. boosted its holdings in shares of Invesco CEF Income Composite ETF by 18.5% in the fourth quarter. Adell Harriman & Carpenter Inc. now owns 172,648 shares of the company’s stock worth $3,432,000 after buying an additional 26,999 shares during the period. Larson Financial Group LLC increased its position in shares of Invesco CEF Income Composite ETF by 6.8% in the fourth quarter. Larson Financial Group LLC now owns 953,156 shares of the company’s stock worth $18,949,000 after acquiring an additional 60,706 shares in the last quarter. Finally, &PARTNERS purchased a new position in shares of Invesco CEF Income Composite ETF in the fourth quarter worth approximately $334,000.

Invesco CEF Income Composite ETF Price Performance

PCEF stock opened at $20.02 on Friday. The firm has a market capitalization of $801.20 million, a P/E ratio of 23.11 and a beta of 0.75. Invesco CEF Income Composite ETF has a 52-week low of $18.30 and a 52-week high of $20.44. The company’s 50 day simple moving average is $20.13 and its 200-day simple moving average is $19.88.

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. 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).