Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Hits New 12-Month High – What’s Next?

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) reached a new 52-week high on Monday . The company traded as high as $20.36 and last traded at $20.33, with a volume of 27970 shares trading hands. The stock had previously closed at $20.11.

Invesco CEF Income Composite ETF Stock Performance

The stock has a market capitalization of $851.64 million, a PE ratio of 23.11 and a beta of 0.76. The stock has a 50-day moving average price of $19.84 and a two-hundred day moving average price of $19.81.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC purchased a new position in Invesco CEF Income Composite ETF in the 3rd quarter worth approximately $40,000. WFA of San Diego LLC purchased a new position in Invesco CEF Income Composite ETF in the 2nd quarter worth approximately $45,000. International Assets Investment Management LLC purchased a new position in Invesco CEF Income Composite ETF in the 4th quarter worth approximately $57,000. Ascentis Independent Advisors purchased a new position in Invesco CEF Income Composite ETF in the 1st quarter worth approximately $95,000. Finally, Western Wealth Management LLC purchased a new position in Invesco CEF Income Composite ETF in the 1st quarter worth approximately $154,000.

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. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).