Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Reaches New 12-Month High at $19.62

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) shares reached a new 52-week high on Wednesday . The stock traded as high as $19.62 and last traded at $19.54, with a volume of 62147 shares. The stock had previously closed at $19.54.

Invesco CEF Income Composite ETF Price Performance

The stock has a market cap of $782.24 million, a price-to-earnings ratio of 16.53 and a beta of 0.61. The company’s fifty day simple moving average is $19.05 and its two-hundred day simple moving average is $18.72.

Institutional Trading of Invesco CEF Income Composite ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Avantax Advisory Services Inc. lifted its position in shares of Invesco CEF Income Composite ETF by 23.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 26,676 shares of the company’s stock valued at $479,000 after purchasing an additional 5,074 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Invesco CEF Income Composite ETF by 21.4% in the 4th quarter. Wells Fargo & Company MN now owns 1,509,494 shares of the company’s stock worth $27,111,000 after buying an additional 265,659 shares during the last quarter. AXS Investments LLC grew its holdings in shares of Invesco CEF Income Composite ETF by 155.6% in the fourth quarter. AXS Investments LLC now owns 76,679 shares of the company’s stock valued at $1,377,000 after acquiring an additional 46,679 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Invesco CEF Income Composite ETF by 37.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 29,096 shares of the company’s stock valued at $528,000 after acquiring an additional 7,890 shares during the last quarter. Finally, Future Financial Wealth Managment LLC increased its position in shares of Invesco CEF Income Composite ETF by 23.5% during the first quarter. Future Financial Wealth Managment LLC now owns 53,196 shares of the company’s stock valued at $1,003,000 after acquiring an additional 10,118 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.