Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sees Large Volume Increase

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEF) saw unusually-high trading volume on Tuesday . Approximately 630,143 shares traded hands during mid-day trading, an increase of 381% from the previous session’s volume of 130,923 shares.The stock last traded at $17.92 and had previously closed at $17.97.

Invesco CEF Income Composite ETF Stock Performance

The firm’s 50-day moving average price is $18.07 and its 200 day moving average price is $18.06. The company has a market cap of $660.54 million, a price-to-earnings ratio of 15.40 and a beta of 0.80.

Institutional Trading of Invesco CEF Income Composite ETF

Hedge funds have recently modified their holdings of the company. Truist Financial Corp raised its position in shares of Invesco CEF Income Composite ETF by 2.4% during the first quarter. Truist Financial Corp now owns 27,187 shares of the company’s stock worth $495,000 after purchasing an additional 629 shares during the period. Equitable Holdings Inc. boosted its holdings in shares of Invesco CEF Income Composite ETF by 2.4% in the first quarter. Equitable Holdings Inc. now owns 29,103 shares of the company’s stock valued at $642,000 after buying an additional 692 shares during the period. Cary Street Partners Investment Advisory LLC increased its position in shares of Invesco CEF Income Composite ETF by 2.8% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 26,125 shares of the company’s stock worth $472,000 after acquiring an additional 700 shares in the last quarter. PFG Advisors raised its holdings in shares of Invesco CEF Income Composite ETF by 4.1% during the second quarter. PFG Advisors now owns 18,254 shares of the company’s stock worth $330,000 after acquiring an additional 725 shares during the period. Finally, Advisory Services Network LLC lifted its position in Invesco CEF Income Composite ETF by 4.2% in the 1st quarter. Advisory Services Network LLC now owns 18,384 shares of the company’s stock valued at $406,000 after acquiring an additional 743 shares in 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.