HighTower Advisors LLC Sells 20,300 Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

HighTower Advisors LLC reduced its position in shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 10.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 176,715 shares of the company’s stock after selling 20,300 shares during the quarter. HighTower Advisors LLC owned 0.44% of Invesco CEF Income Composite ETF worth $3,386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PCEF. Mezzasalma Advisors LLC bought a new stake in Invesco CEF Income Composite ETF during the 4th quarter valued at about $207,000. Money Concepts Capital Corp grew its stake in shares of Invesco CEF Income Composite ETF by 8.9% in the fourth quarter. Money Concepts Capital Corp now owns 11,847 shares of the company’s stock worth $227,000 after acquiring an additional 965 shares during the period. Endowment Wealth Management Inc. grew its stake in shares of Invesco CEF Income Composite ETF by 6.1% in the fourth quarter. Endowment Wealth Management Inc. now owns 18,895 shares of the company’s stock worth $362,000 after acquiring an additional 1,078 shares during the period. Compass Financial Services Inc bought a new stake in shares of Invesco CEF Income Composite ETF in the fourth quarter worth approximately $385,000. Finally, Chicago Partners Investment Group LLC grew its stake in shares of Invesco CEF Income Composite ETF by 13.1% in the fourth quarter. Chicago Partners Investment Group LLC now owns 29,046 shares of the company’s stock worth $562,000 after acquiring an additional 3,356 shares during the period.

Invesco CEF Income Composite ETF Stock Up 0.1 %

Shares of PCEF stock opened at $19.16 on Friday. The company has a 50 day moving average price of $19.48 and a 200-day moving average price of $19.48. Invesco CEF Income Composite ETF has a 52 week low of $17.76 and a 52 week high of $19.95. The firm has a market capitalization of $796.10 million, a PE ratio of 24.64 and a beta of 0.85.

About Invesco CEF Income Composite ETF

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.