Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Shares Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC lowered its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 98.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,931 shares of the exchange traded fund’s stock after selling 1,505,578 shares during the quarter. Diversify Advisory Services LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $357,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of PDBC. 1832 Asset Management L.P. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at $20,963,000. New York Life Investment Management LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3,745.8% during the second quarter. New York Life Investment Management LLC now owns 1,125,982 shares of the exchange traded fund’s stock valued at $15,820,000 after acquiring an additional 1,096,704 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 59,605.6% during the third quarter. International Assets Investment Management LLC now owns 932,602 shares of the exchange traded fund’s stock worth $12,525,000 after acquiring an additional 931,040 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 129.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,459,457 shares of the exchange traded fund’s stock worth $20,505,000 after acquiring an additional 822,004 shares in the last quarter. Finally, Toronto Dominion Bank purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at about $11,240,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance

PDBC stock opened at $13.64 on Friday. The stock’s 50 day moving average is $13.46 and its two-hundred day moving average is $13.76. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.60 and a 52-week high of $14.94.

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.