Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Invesco CEF Income Composite ETF (NYSEARCA:PCEFGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $19.76 and traded as low as $19.74. Invesco CEF Income Composite ETF shares last traded at $19.90, with a volume of 80,113 shares changing hands.

Invesco CEF Income Composite ETF Stock Performance

The stock has a market cap of $833.21 million, a PE ratio of 23.11 and a beta of 0.76. The company’s 50-day moving average price is $19.76 and its 200 day moving average price is $19.80.

Institutional Trading of Invesco CEF Income Composite ETF

Institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC acquired a new stake in Invesco CEF Income Composite ETF in the 3rd quarter valued at approximately $969,000. Thrivent Financial for Lutherans acquired a new stake in Invesco CEF Income Composite ETF in the 3rd quarter valued at approximately $830,000. Intrua Financial LLC increased its holdings in Invesco CEF Income Composite ETF by 10.5% in the 4th quarter. Intrua Financial LLC now owns 583,845 shares of the company’s stock valued at $11,607,000 after purchasing an additional 55,676 shares during the last quarter. Larson Financial Group LLC increased its holdings in Invesco CEF Income Composite ETF by 55.9% in the 3rd quarter. Larson Financial Group LLC now owns 892,450 shares of the company’s stock valued at $17,822,000 after purchasing an additional 320,067 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Invesco CEF Income Composite ETF by 1.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,898,455 shares of the company’s stock valued at $57,882,000 after purchasing an additional 46,485 shares during 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. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).

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