JPMorgan Chase & Co. Acquires 199,419 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

JPMorgan Chase & Co. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2,080.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 209,004 shares of the exchange traded fund’s stock after acquiring an additional 199,419 shares during the period. JPMorgan Chase & Co. owned 0.06% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $2,807,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PDBC. Tidal Investments LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 803.0% in the 2nd quarter. Tidal Investments LLC now owns 2,350,844 shares of the exchange traded fund’s stock worth $30,655,000 after purchasing an additional 2,090,507 shares in the last quarter. Beacon Capital Management Inc. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth $16,163,000. Bank of Nova Scotia purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth about $13,040,000. Barclays PLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 396.7% in the third quarter. Barclays PLC now owns 1,072,300 shares of the exchange traded fund’s stock valued at $14,401,000 after acquiring an additional 856,400 shares during the last quarter. Finally, SigFig Wealth Management LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 12.7% in the third quarter. SigFig Wealth Management LLC now owns 7,453,163 shares of the exchange traded fund’s stock valued at $100,468,000 after purchasing an additional 842,523 shares during the last quarter.

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

PDBC stock opened at $17.52 on Monday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $17.61. The stock has a fifty day moving average of $15.63 and a 200-day moving average of $14.28.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.