Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Short Interest Update

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 51,437 shares, a decline of 52.2% from the March 15th total of 107,659 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 134,511 shares, the short-interest ratio is presently 0.4 days.

Invesco CEF Income Composite ETF Stock Up 0.6%

Shares of NYSEARCA:PCEF traded up $0.12 during trading on Monday, reaching $19.65. The stock had a trading volume of 259,006 shares, compared to its average volume of 154,406. The business has a fifty day moving average price of $19.57 and a 200-day moving average price of $19.79. The stock has a market cap of $792.48 million, a P/E ratio of 23.11 and a beta of 0.76. Invesco CEF Income Composite ETF has a fifty-two week low of $17.37 and a fifty-two week high of $20.30.

Hedge Funds Weigh In On Invesco CEF Income Composite ETF

Institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC acquired a new position in shares of Invesco CEF Income Composite ETF in the third quarter valued at approximately $969,000. Merit Financial Group LLC raised its position in shares of Invesco CEF Income Composite ETF by 33.1% in the third quarter. Merit Financial Group LLC now owns 175,494 shares of the company’s stock valued at $3,505,000 after buying an additional 43,611 shares during the last quarter. Intrua Financial LLC raised its position in shares of Invesco CEF Income Composite ETF by 12.2% in the third quarter. Intrua Financial LLC now owns 528,169 shares of the company’s stock valued at $10,548,000 after buying an additional 57,317 shares during the last quarter. CWM LLC raised its position in shares of Invesco CEF Income Composite ETF by 840.8% in the third quarter. CWM LLC now owns 28,656 shares of the company’s stock valued at $572,000 after buying an additional 25,610 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in shares of Invesco CEF Income Composite ETF by 55.9% in the third quarter. Larson Financial Group LLC now owns 892,450 shares of the company’s stock valued at $17,822,000 after buying an additional 320,067 shares during the last quarter.

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. 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).