IFP Advisors Inc trimmed its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 48.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,978 shares of the exchange traded fund’s stock after selling 29,696 shares during the period. IFP Advisors Inc’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $410,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PDBC. Pacifica Partners Inc. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $26,000. Tucker Asset Management LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $31,000. International Assets Investment Management LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $34,000. CENTRAL TRUST Co bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth $43,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 781 shares in the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.91 on Wednesday. The business’s fifty day simple moving average is $17.71 and its two-hundred day simple moving average is $15.40. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.47 and a 12 month high of $18.95.
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.
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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).
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