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 company traded as high as $19.97 and last traded at $19.58, with a volume of 135 shares changing hands. The stock had previously closed at $19.66.

Invesco CEF Income Composite ETF Price Performance

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

Institutional Trading of Invesco CEF Income Composite ETF

A number of institutional investors have recently modified their holdings of PCEF. GAMMA Investing LLC purchased a new stake in Invesco CEF Income Composite ETF during the 3rd quarter worth about $2,629,000. Goldstone Financial Group LLC bought a new stake in shares of Invesco CEF Income Composite ETF during the third quarter valued at about $1,203,000. MML Investors Services LLC lifted its holdings in shares of Invesco CEF Income Composite ETF by 30.4% in the third quarter. MML Investors Services LLC now owns 184,860 shares of the company’s stock worth $3,644,000 after buying an additional 43,102 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Invesco CEF Income Composite ETF by 157.9% in the third quarter. Thrivent Financial for Lutherans now owns 49,556 shares of the company’s stock valued at $977,000 after acquiring an additional 30,339 shares during the period. Finally, Cetera Investment Advisers grew its stake in Invesco CEF Income Composite ETF by 16.1% during the second quarter. Cetera Investment Advisers now owns 204,937 shares of the company’s stock valued at $3,857,000 after acquiring an additional 28,475 shares in 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.