Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Hits New 52-Week High – Should You Buy?

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBCGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $18.95 and last traded at $18.92, with a volume of 4057143 shares traded. The stock had previously closed at $18.61.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 2.2%

The company’s 50 day moving average is $17.56 and its 200 day moving average is $15.23.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Narus Financial Partners LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.4% during the fourth quarter. Narus Financial Partners LLC now owns 30,213 shares of the exchange traded fund’s stock worth $400,000 after buying an additional 697 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 781 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the exchange traded fund’s stock worth $213,000 after buying an additional 791 shares in the last quarter. Integrated Advisors Network LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% during the first quarter. Integrated Advisors Network LLC now owns 12,744 shares of the exchange traded fund’s stock worth $221,000 after buying an additional 905 shares in the last quarter. Finally, Endowment Wealth Management Inc. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.0% during the third quarter. Endowment Wealth Management Inc. now owns 31,041 shares of the exchange traded fund’s stock worth $417,000 after buying an additional 918 shares in the last quarter.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

(Get Free Report)

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.

Recommended Stories

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.