Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sees Strong Trading Volume

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) saw unusually-strong trading volume on Monday . Approximately 34,702 shares traded hands during mid-day trading, a decline of 77% from the previous session’s volume of 153,003 shares.The stock last traded at $23.95 and had previously closed at $24.45.

The company’s 50 day moving average is $24.47 and its two-hundred day moving average is $24.06.

A number of institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. purchased a new stake in Invesco CEF Income Composite ETF during the second quarter valued at approximately $49,000. Qube Research & Technologies Ltd bought a new position in shares of Invesco CEF Income Composite ETF during the 2nd quarter valued at approximately $59,000. Albion Financial Group UT purchased a new stake in Invesco CEF Income Composite ETF during the 2nd quarter valued at $90,000. Strategic Blueprint LLC purchased a new stake in Invesco CEF Income Composite ETF during the 2nd quarter valued at $94,000. Finally, NEXT Financial Group Inc boosted its stake in Invesco CEF Income Composite ETF by 254.1% during the second quarter. NEXT Financial Group Inc now owns 5,931 shares of the company’s stock worth $145,000 after buying an additional 4,256 shares during the period.

About Invesco CEF Income Composite ETF (NYSEARCA:PCEF)

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.

Further Reading: Forex

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