Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sets New 1-Year High – What’s Next?

Invesco CEF Income Composite ETF (NYSEARCA:PCEFGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $20.44 and last traded at $20.44, with a volume of 79895 shares changing hands. The stock had previously closed at $20.35.

Invesco CEF Income Composite ETF Stock Performance

The stock’s 50-day moving average price is $20.15 and its two-hundred day moving average price is $19.89. The stock has a market capitalization of $821.61 million, a PE ratio of 23.11 and a beta of 0.75.

Institutional Investors Weigh In On Invesco CEF Income Composite ETF

Several hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco CEF Income Composite ETF during the second quarter valued at approximately $25,000. Advisory Services Network LLC bought a new position in shares of Invesco CEF Income Composite ETF in the third quarter worth approximately $40,000. WFA of San Diego LLC bought a new position in Invesco CEF Income Composite ETF in the 2nd quarter valued at approximately $45,000. International Assets Investment Management LLC bought a new position in shares of Invesco CEF Income Composite ETF during the fourth quarter valued at $57,000. Finally, Ascentis Independent Advisors bought a new position in Invesco CEF Income Composite ETF during the 1st quarter valued at about $95,000.

Invesco CEF Income Composite ETF Company Profile

(Get Free Report)

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).

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