Echo45 Advisors LLC Sells 20,609 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Echo45 Advisors LLC cut its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 769,593 shares of the exchange traded fund’s stock after selling 20,609 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 7.0% of Echo45 Advisors LLC’s holdings, making the stock its 4th biggest holding. Echo45 Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $10,490,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at about $272,000. Empowered Funds LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at about $1,902,000. Gradient Capital Advisors LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at about $206,000. Avestar Capital LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 204.8% during the fourth quarter. Avestar Capital LLC now owns 167,624 shares of the exchange traded fund’s stock worth $2,177,000 after acquiring an additional 112,624 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.3% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 132,593 shares of the exchange traded fund’s stock worth $1,722,000 after acquiring an additional 6,733 shares during the last quarter.

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

Shares of PDBC opened at $13.16 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.02 and a 1 year high of $14.44. The business has a 50-day moving average of $12.73 and a 200-day moving average of $13.16.

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.