Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Reaches New 1-Year High – Here’s What Happened

Invesco CEF Income Composite ETF (NYSEARCA:PCEF)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $19.97 and last traded at $19.58, with a volume of 135 shares. The stock had previously closed at $19.66.

Invesco CEF Income Composite ETF Trading Up 0.3 %

The business’s 50-day simple moving average is $19.47 and its 200-day simple moving average is $19.32. The company has a market cap of $781.28 million, a PE ratio of 16.53 and a beta of 0.61.

Institutional Trading of Invesco CEF Income Composite ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its position in shares of Invesco CEF Income Composite ETF by 16.1% in the second quarter. Cetera Investment Advisers now owns 204,937 shares of the company’s stock worth $3,857,000 after buying an additional 28,475 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Invesco CEF Income Composite ETF by 52.9% in the 4th quarter. GAMMA Investing LLC now owns 203,948 shares of the company’s stock worth $3,908,000 after purchasing an additional 70,586 shares during the last quarter. MML Investors Services LLC boosted its position in Invesco CEF Income Composite ETF by 30.4% during the third quarter. MML Investors Services LLC now owns 184,860 shares of the company’s stock worth $3,644,000 after purchasing an additional 43,102 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Invesco CEF Income Composite ETF by 34.1% during the third quarter. Rockefeller Capital Management L.P. now owns 104,252 shares of the company’s stock valued at $2,055,000 after purchasing an additional 26,485 shares during the last quarter. Finally, Stephens Inc. AR grew its holdings in Invesco CEF Income Composite ETF by 50.6% during the third quarter. Stephens Inc. AR now owns 81,561 shares of the company’s stock valued at $1,608,000 after purchasing an additional 27,408 shares during the last quarter.

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.