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

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) hit a new 52-week high during trading on Tuesday . The stock traded as high as $19.97 and last traded at $19.58, with a volume of 135 shares. The stock had previously closed at $19.66.

Invesco CEF Income Composite ETF Trading Up 0.3 %

The company has a market cap of $785.43 million, a PE ratio of 16.53 and a beta of 0.61. The firm’s fifty day moving average is $19.47 and its 200 day moving average is $19.33.

Institutional Investors Weigh In On Invesco CEF Income Composite ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $36,000 after purchasing an additional 1,858 shares during the last quarter. Heartwood Wealth Advisors LLC boosted its stake in 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 worth $690,000 after purchasing an additional 800 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in 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 worth $786,000 after purchasing an additional 9,819 shares during the last quarter. Adell Harriman & Carpenter Inc. boosted its stake in 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 worth $806,000 after purchasing an additional 8,000 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in 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 worth $824,000 after purchasing an additional 2,187 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.