Innova Wealth Partners lowered its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 16.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,670 shares of the exchange traded fund’s stock after selling 41,344 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 1.6% of Innova Wealth Partners’ portfolio, making the stock its 14th largest position. Innova Wealth Partners’ holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $4,105,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Brown Lisle Cummings Inc. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 833.1% in the second quarter. Brown Lisle Cummings Inc. now owns 1,549 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 1,383 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth $34,000. Pacifica Partners Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter worth $41,000. Triumph Capital Management increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13,471.4% in the 2nd quarter. Triumph Capital Management now owns 2,850 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 2,829 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth $73,000.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.2%
NASDAQ PDBC opened at $20.02 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $13.10 and a 52 week high of $20.17. The stock’s 50-day moving average price is $19.21 and its 200-day moving average price is $18.02.
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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