Advisortrust Partners LLC Takes $12.45 Million Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Advisortrust Partners LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 718,719 shares of the exchange traded fund’s stock, valued at approximately $12,448,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises about 5.2% of Advisortrust Partners LLC’s investment portfolio, making the stock its 2nd biggest holding. Advisortrust Partners LLC owned 0.21% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $272,000. XTX Topco Ltd bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at $181,000. EverSource Wealth Advisors LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 781 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 37.5% in the second quarter. Qube Research & Technologies Ltd now owns 175,006 shares of the exchange traded fund’s stock worth $2,282,000 after purchasing an additional 47,711 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 85.9% in the second quarter. NewEdge Advisors LLC now owns 110,874 shares of the exchange traded fund’s stock worth $1,446,000 after purchasing an additional 51,248 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.7%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.25 on Friday. The stock has a 50-day simple moving average of $17.21 and a 200 day simple moving average of $16.23. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.87 and a 12-month high of $18.95.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.