Kiker Wealth Management LLC Buys 891,603 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Kiker Wealth Management LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 1,013,185.2% during the second quarter, Holdings Channel.com reports. The fund owned 891,691 shares of the exchange traded fund’s stock after buying an additional 891,603 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for approximately 6.6% of Kiker Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Kiker Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $11,628,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at about $571,000. D.A. Davidson & CO. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% in the first quarter. D.A. Davidson & CO. now owns 15,078 shares of the exchange traded fund’s stock valued at $206,000 after acquiring an additional 998 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,151,608 shares of the exchange traded fund’s stock valued at $15,696,000 after acquiring an additional 44,359 shares during the last quarter. IFP Advisors Inc increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 607.3% in the first quarter. IFP Advisors Inc now owns 71,656 shares of the exchange traded fund’s stock valued at $977,000 after acquiring an additional 61,525 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1,132.7% in the first quarter. Blue Trust Inc. now owns 8,333 shares of the exchange traded fund’s stock valued at $114,000 after acquiring an additional 7,657 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.1%

NASDAQ:PDBC opened at $13.31 on Tuesday. The stock’s 50-day simple moving average is $13.26 and its 200 day simple moving average is $13.11. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.02 and a 52-week high of $14.00.

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.