Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco CEF Income Composite ETF (NYSEARCA:PCEFGet Free Report) saw an uptick in trading volume on Tuesday . 867,328 shares changed hands during trading, an increase of 549% from the previous session’s volume of 133,612 shares.The stock last traded at $19.22 and had previously closed at $19.42.

Invesco CEF Income Composite ETF Stock Performance

The business’s fifty day moving average price is $19.54 and its two-hundred day moving average price is $19.49. The firm has a market capitalization of $818.98 million, a P/E ratio of 25.31 and a beta of 0.85.

Hedge Funds Weigh In On Invesco CEF Income Composite ETF

Several hedge funds and other institutional investors have recently modified their holdings of PCEF. Buska Wealth Management LLC increased its position in shares of Invesco CEF Income Composite ETF by 27.4% in the 4th quarter. Buska Wealth Management LLC now owns 15,493 shares of the company’s stock valued at $297,000 after acquiring an additional 3,329 shares during the period. Menard Financial Group LLC acquired a new position in Invesco CEF Income Composite ETF in the 4th quarter worth approximately $57,000. Vermillion Wealth Management Inc. purchased a new position in Invesco CEF Income Composite ETF during the 4th quarter worth approximately $26,000. Royal Bank of Canada lifted its stake in Invesco CEF Income Composite ETF by 7.5% during the 4th quarter. Royal Bank of Canada now owns 2,081,260 shares of the company’s stock valued at $39,877,000 after acquiring an additional 145,950 shares during the period. Finally, Gotham Asset Management LLC purchased a new stake in shares of Invesco CEF Income Composite ETF in the 4th quarter valued at $305,000.

Invesco CEF Income Composite ETF Company Profile

(Get Free Report)

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.

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