Invesco Ltd. Reduces Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Invesco Ltd. lowered its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,893 shares of the exchange traded fund’s stock after selling 1,039 shares during the quarter. Invesco Ltd.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $492,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 43,607 shares of the exchange traded fund’s stock valued at $566,000 after purchasing an additional 2,907 shares during the last quarter. US Bancorp DE increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 10.3% in the fourth quarter. US Bancorp DE now owns 86,052 shares of the exchange traded fund’s stock valued at $1,118,000 after purchasing an additional 8,025 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at about $197,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth about $3,602,000. Finally, Principal Financial Group Inc. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 51.0% during the fourth quarter. Principal Financial Group Inc. now owns 993,920 shares of the exchange traded fund’s stock worth $12,911,000 after buying an additional 335,600 shares during the last quarter.

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

Shares of PDBC stock opened at $12.54 on Friday. The stock’s 50-day moving average price is $13.06 and its 200 day moving average price is $13.30. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.02 and a 52-week high of $14.50.

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.