Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Hits New 52-Week High at $18.84

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $18.84 and last traded at $18.71, with a volume of 28085 shares. The stock had previously closed at $18.71.

Invesco CEF Income Composite ETF Trading Up 0.2 %

The business has a 50 day moving average of $18.49 and a 200-day moving average of $17.76. The firm has a market capitalization of $698.42 million, a P/E ratio of 15.40 and a beta of 0.80.

Hedge Funds Weigh In On Invesco CEF Income Composite ETF

Several hedge funds have recently made changes to their positions in the business. Chicago Partners Investment Group LLC lifted its holdings in Invesco CEF Income Composite ETF by 37.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 29,096 shares of the company’s stock valued at $528,000 after purchasing an additional 7,890 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Invesco CEF Income Composite ETF by 425.8% during the 4th quarter. Baird Financial Group Inc. now owns 433,520 shares of the company’s stock valued at $7,786,000 after purchasing an additional 351,074 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Invesco CEF Income Composite ETF during the 4th quarter valued at $269,000. Royal Bank of Canada lifted its holdings in Invesco CEF Income Composite ETF by 23.5% during the 4th quarter. Royal Bank of Canada now owns 1,939,252 shares of the company’s stock valued at $34,829,000 after purchasing an additional 368,439 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Invesco CEF Income Composite ETF during the 4th quarter valued at $218,000.

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.