UBS Group AG reduced its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 7.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 740,859 shares of the exchange traded fund’s stock after selling 62,585 shares during the period. UBS Group AG owned 0.22% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $9,816,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PDBC. Advyzon Investment Management LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 121.6% during the third quarter. Advyzon Investment Management LLC now owns 112,865 shares of the exchange traded fund’s stock valued at $1,516,000 after buying an additional 61,939 shares during the period. JPMorgan Chase & Co. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% during the third quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock valued at $2,807,000 after buying an additional 199,419 shares during the period. Marion Wealth Management increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% during the fourth quarter. Marion Wealth Management now owns 1,122,132 shares of the exchange traded fund’s stock valued at $16,091,000 after buying an additional 52,698 shares during the period. Genesis Private Wealth LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at about $1,352,000. Finally, Briaud Financial Planning Inc increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% during the fourth quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock valued at $36,693,000 after buying an additional 60,012 shares during the period.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.1%
Shares of PDBC opened at $18.61 on Friday. The business’s 50-day moving average price is $17.45 and its 200-day moving average price is $15.15. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.47 and a twelve month high of $18.92.
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.
Featured Articles
- Five stocks we like better than Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Want to see what other hedge funds are holding PDBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report).
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.
