Geneos Wealth Management Inc. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 150.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,757 shares of the exchange traded fund’s stock after purchasing an additional 55,135 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,589,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LFA Lugano Financial Advisors SA raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.4% during the first quarter. LFA Lugano Financial Advisors SA now owns 47,568 shares of the exchange traded fund’s stock valued at $824,000 after buying an additional 2,003 shares in the last quarter. Sanctuary Advisors LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 32.1% in the 1st quarter. Sanctuary Advisors LLC now owns 132,715 shares of the exchange traded fund’s stock worth $2,299,000 after acquiring an additional 32,249 shares in the last quarter. Nwam LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.7% in the 1st quarter. Nwam LLC now owns 62,748 shares of the exchange traded fund’s stock worth $1,087,000 after acquiring an additional 2,266 shares in the last quarter. Global Assets Advisory LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter valued at approximately $73,000. Finally, Fifth Third Bancorp increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 20,873.6% in the 1st quarter. Fifth Third Bancorp now owns 244,342 shares of the exchange traded fund’s stock valued at $4,232,000 after acquiring an additional 243,177 shares during the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 1.7%
PDBC opened at $17.25 on Friday. The company’s 50-day moving average price is $17.21 and its 200 day moving average price is $16.23. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.87 and a fifty-two week high of $18.95.
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.
Further Reading
- Five stocks we like better than Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
