Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEFGet Free Report) saw an uptick in trading volume on Friday . 125,424 shares were traded during mid-day trading, an increase of 2% from the previous session’s volume of 122,891 shares.The stock last traded at $19.65 and had previously closed at $19.52.

Invesco CEF Income Composite ETF Stock Performance

The company has a fifty day moving average of $19.47 and a two-hundred day moving average of $19.31. The company has a market cap of $783.23 million, a price-to-earnings ratio of 16.53 and a beta of 0.61.

Hedge Funds Weigh In On Invesco CEF Income Composite ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Heartwood Wealth Advisors LLC increased its holdings in Invesco CEF Income Composite ETF by 2.3% in the third quarter. Heartwood Wealth Advisors LLC now owns 35,000 shares of the company’s stock valued at $690,000 after purchasing an additional 800 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco CEF Income Composite ETF by 3,096.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,918 shares of the company’s stock valued at $36,000 after purchasing an additional 1,858 shares during the last quarter. Goldstone Financial Group LLC grew its holdings in Invesco CEF Income Composite ETF by 8.3% during the 4th quarter. Goldstone Financial Group LLC now owns 66,122 shares of the company’s stock worth $1,267,000 after acquiring an additional 5,092 shares during the period. Adell Harriman & Carpenter Inc. raised its position in shares of Invesco CEF Income Composite ETF by 24.3% in the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 40,900 shares of the company’s stock worth $806,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Future Financial Wealth Managment LLC lifted its stake in shares of Invesco CEF Income Composite ETF by 12.8% in the 3rd quarter. Future Financial Wealth Managment LLC now owns 71,006 shares of the company’s stock valued at $1,400,000 after purchasing an additional 8,035 shares during the period.

About Invesco CEF Income Composite ETF

(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.

Further Reading

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