Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Hits New 1-Year High at $18.93

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $18.93 and last traded at $18.93, with a volume of 531 shares. The stock had previously closed at $18.82.

Invesco CEF Income Composite ETF Stock Performance

The firm has a market capitalization of $755.50 million, a P/E ratio of 16.53 and a beta of 0.61. The business has a fifty day moving average of $18.50 and a 200-day moving average of $18.40.

Institutional Investors Weigh In On Invesco CEF Income Composite ETF

A number of institutional investors and hedge funds have recently modified their holdings of PCEF. Pathway Financial Advisers LLC purchased a new stake in shares of Invesco CEF Income Composite ETF in the first quarter valued at $1,123,000. Cetera Investment Advisers lifted its holdings in shares of Invesco CEF Income Composite ETF by 301.0% in the first quarter. Cetera Investment Advisers now owns 176,462 shares of the company’s stock valued at $3,326,000 after purchasing an additional 132,460 shares in the last quarter. SageView Advisory Group LLC purchased a new stake in shares of Invesco CEF Income Composite ETF in the first quarter valued at $171,000. Endowment Wealth Management Inc. lifted its holdings in shares of Invesco CEF Income Composite ETF by 41.5% in the first quarter. Endowment Wealth Management Inc. now owns 19,553 shares of the company’s stock valued at $369,000 after purchasing an additional 5,738 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of Invesco CEF Income Composite ETF by 8.9% in the first quarter. Avantax Advisory Services Inc. now owns 29,056 shares of the company’s stock valued at $548,000 after purchasing an additional 2,380 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.