Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sets New 1-Year High at $19.36

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) hit a new 52-week high on Thursday . The company traded as high as $19.36 and last traded at $19.36, with a volume of 66745 shares trading hands. The stock had previously closed at $19.24.

Invesco CEF Income Composite ETF Stock Up 0.6 %

The stock has a market capitalization of $772.66 million, a PE ratio of 16.53 and a beta of 0.61. The firm has a 50 day moving average price of $18.99 and a 200-day moving average price of $18.68.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PCEF. Envestnet Asset Management Inc. grew its position in Invesco CEF Income Composite ETF by 15.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,934,535 shares of the company’s stock worth $36,408,000 after purchasing an additional 255,918 shares during the period. Wells Fargo & Company MN grew its holdings in Invesco CEF Income Composite ETF by 21.4% during the fourth quarter. Wells Fargo & Company MN now owns 1,509,494 shares of the company’s stock worth $27,111,000 after acquiring an additional 265,659 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco CEF Income Composite ETF by 100.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 694,634 shares of the company’s stock valued at $13,073,000 after acquiring an additional 347,499 shares during the period. Commonwealth Equity Services LLC boosted its position in Invesco CEF Income Composite ETF by 0.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 473,012 shares of the company’s stock worth $8,902,000 after purchasing an additional 2,300 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Invesco CEF Income Composite ETF by 18.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 432,379 shares of the company’s stock worth $8,137,000 after purchasing an additional 66,985 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.