Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $18.82 and last traded at $18.80, with a volume of 176244 shares trading hands. The stock had previously closed at $18.55.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 1.2%
The stock’s 50-day moving average is $17.18 and its two-hundred day moving average is $15.01.
Hedge Funds Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PDBC. Tidal Investments LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 803.0% during the 2nd quarter. Tidal Investments LLC now owns 2,350,844 shares of the exchange traded fund’s stock worth $30,655,000 after acquiring an additional 2,090,507 shares in the last quarter. Barclays PLC boosted its holdings in shares of 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 period. Janney Montgomery Scott LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5,827.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 829,660 shares of the exchange traded fund’s stock worth $14,370,000 after purchasing an additional 815,663 shares during the last quarter. Morgan Stanley increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% in the 4th quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock valued at $252,770,000 after acquiring an additional 784,292 shares during the period. Finally, Advisortrust Partners LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth $12,448,000.
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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.
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