Mirae Asset Global Investments Co. Ltd. Sells 864,774 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Mirae Asset Global Investments Co. Ltd. cut its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 95.7% during the fourth quarter, Holdings Channel reports. The fund owned 38,420 shares of the exchange traded fund’s stock after selling 864,774 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $511,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in PDBC. Hazlett Burt & Watson Inc. grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 271.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,856 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 1,356 shares during the last quarter. Cambridge Trust Co. increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% during the third quarter. Cambridge Trust Co. now owns 1,821 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 1,798 shares during the period. City Holding Co. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $27,000. Global Retirement Partners LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,158 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 1,543 shares during the period. Finally, Steph & Co. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at $33,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $14.29 on Friday. The firm has a 50-day moving average of $13.77 and a 200-day moving average of $13.90. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $13.05 and a 52-week high of $15.35.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed.