Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Share Price Passes Below 50-Day Moving Average – What’s Next?

Invesco CEF Income Composite ETF (NYSEARCA:PCEFGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $19.89 and traded as low as $19.88. Invesco CEF Income Composite ETF shares last traded at $19.97, with a volume of 100,930 shares changing hands.

Invesco CEF Income Composite ETF Trading Up 0.4%

The company has a market capitalization of $835.94 million, a price-to-earnings ratio of 23.11 and a beta of 0.80. The firm’s 50 day simple moving average is $19.89 and its 200-day simple moving average is $19.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc boosted its holdings in Invesco CEF Income Composite ETF by 620.0% in the 1st quarter. IFP Advisors Inc now owns 1,620 shares of the company’s stock valued at $31,000 after purchasing an additional 1,395 shares in the last quarter. NBC Securities Inc. raised its stake in shares of Invesco CEF Income Composite ETF by 120,050.0% during the 1st quarter. NBC Securities Inc. now owns 2,403 shares of the company’s stock worth $45,000 after buying an additional 2,401 shares in the last quarter. WFA of San Diego LLC acquired a new stake in shares of Invesco CEF Income Composite ETF in the 2nd quarter valued at approximately $45,000. Farther Finance Advisors LLC acquired a new stake in shares of Invesco CEF Income Composite ETF in the 1st quarter valued at approximately $54,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco CEF Income Composite ETF by 184.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,260 shares of the company’s stock valued at $80,000 after buying an additional 2,760 shares in the last quarter.

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.

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