MML Investors Services LLC Acquires 7,126 Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

MML Investors Services LLC raised its holdings in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) by 13.5% during the 1st quarter, Holdings Channel reports. The firm owned 60,029 shares of the company’s stock after acquiring an additional 7,126 shares during the period. MML Investors Services LLC’s holdings in Invesco CEF Income Composite ETF were worth $1,330,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of PCEF. Pinnacle Bank purchased a new stake in Invesco CEF Income Composite ETF in the fourth quarter valued at $30,000. Capital Investment Advisory Services LLC purchased a new stake in Invesco CEF Income Composite ETF in the fourth quarter valued at $96,000. Belpointe Asset Management LLC boosted its holdings in Invesco CEF Income Composite ETF by 22.3% in the fourth quarter. Belpointe Asset Management LLC now owns 6,030 shares of the company’s stock valued at $122,000 after purchasing an additional 1,100 shares during the last quarter. Osborn Williams & Donohoe LLC purchased a new stake in Invesco CEF Income Composite ETF in the first quarter valued at $259,000. Finally, WealthTrust Axiom LLC boosted its stake in shares of Invesco CEF Income Composite ETF by 4.4% during the 1st quarter. WealthTrust Axiom LLC now owns 11,760 shares of the company’s stock worth $260,000 after acquiring an additional 500 shares in the last quarter.

Shares of PCEF stock traded down $0.02 during mid-day trading on Wednesday, hitting $22.36. 2,959 shares of the stock were exchanged, compared to its average volume of 157,966. Invesco CEF Income Composite ETF has a 52-week low of $19.33 and a 52-week high of $23.15.

The company also recently announced a monthly dividend, which was paid on Friday, May 31st. Stockholders of record on Tuesday, May 21st were paid a dividend of $0.1297 per share. This represents a $1.56 annualized dividend and a dividend yield of 6.96%. The ex-dividend date was Monday, May 20th.

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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.

Further Reading: Trading Strategy Methods and Types

Want to see what other hedge funds are holding PCEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CEF Income Composite ETF (NYSEARCA:PCEF).

Institutional Ownership by Quarter for Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

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