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

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) shares reached 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 traded. The stock had previously closed at $19.66.

Invesco CEF Income Composite ETF Trading Up 0.3 %

The company has a market capitalization of $785.43 million, a PE ratio of 16.53 and a beta of 0.61. The business’s 50-day simple moving average is $19.47 and its 200-day simple moving average is $19.33.

Hedge Funds Weigh In On Invesco CEF Income Composite ETF

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco CEF Income Composite ETF by 3,096.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,918 shares of the company’s stock valued at $36,000 after purchasing an additional 1,858 shares in the last quarter. Heartwood Wealth Advisors LLC increased its holdings in shares of Invesco CEF Income Composite ETF by 2.3% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 35,000 shares of the company’s stock valued at $690,000 after purchasing an additional 800 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Invesco CEF Income Composite ETF by 32.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,884 shares of the company’s stock valued at $786,000 after purchasing an additional 9,819 shares in the last quarter. Adell Harriman & Carpenter Inc. increased its holdings in shares of Invesco CEF Income Composite ETF by 24.3% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 40,900 shares of the company’s stock valued at $806,000 after purchasing an additional 8,000 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Invesco CEF Income Composite ETF by 5.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 43,026 shares of the company’s stock valued at $824,000 after purchasing an additional 2,187 shares in the last quarter.

About Invesco CEF Income Composite ETF

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.