Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Sees Large Volume Increase – What’s Next?

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) shares saw unusually-high trading volume on Tuesday . Approximately 129,082 shares were traded during trading, an increase of 1% from the previous session’s volume of 127,955 shares.The stock last traded at $19.28 and had previously closed at $19.19.

Invesco CEF Income Composite ETF Stock Up 0.9 %

The firm has a market cap of $773.06 million, a price-to-earnings ratio of 16.53 and a beta of 0.61. The firm has a fifty day moving average price of $19.52 and a 200-day moving average price of $19.25.

Institutional Trading of Invesco CEF Income Composite ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MML Investors Services LLC lifted its holdings in shares of Invesco CEF Income Composite ETF by 30.4% during the 3rd quarter. MML Investors Services LLC now owns 184,860 shares of the company’s stock worth $3,644,000 after acquiring an additional 43,102 shares during the period. Rockefeller Capital Management L.P. raised its stake in Invesco CEF Income Composite ETF by 34.1% during the third quarter. Rockefeller Capital Management L.P. now owns 104,252 shares of the company’s stock worth $2,055,000 after purchasing an additional 26,485 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Invesco CEF Income Composite ETF by 157.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 49,556 shares of the company’s stock valued at $977,000 after purchasing an additional 30,339 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Invesco CEF Income Composite ETF by 32.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,884 shares of the company’s stock valued at $786,000 after buying an additional 9,819 shares during the period. Finally, Stephens Inc. AR grew its stake in shares of Invesco CEF Income Composite ETF by 50.6% during the 3rd quarter. Stephens Inc. AR now owns 81,561 shares of the company’s stock valued at $1,608,000 after buying an additional 27,408 shares during the period.

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.