Kiker Wealth Management LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 1,013,185.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 891,691 shares of the exchange traded fund’s stock after acquiring an additional 891,603 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 6.6% of Kiker Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Kiker Wealth Management LLC owned 0.26% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $11,628,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.6% in the first quarter. Empower Advisory Group LLC now owns 29,695,319 shares of the exchange traded fund’s stock valued at $404,747,000 after purchasing an additional 1,586,041 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 405.4% in the first quarter. LPL Financial LLC now owns 26,769,795 shares of the exchange traded fund’s stock valued at $364,872,000 after purchasing an additional 21,473,500 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 276.4% in the first quarter. The Manufacturers Life Insurance Company now owns 8,398,542 shares of the exchange traded fund’s stock valued at $114,472,000 after purchasing an additional 6,167,308 shares in the last quarter. SigFig Wealth Management LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% in the second quarter. SigFig Wealth Management LLC now owns 6,610,640 shares of the exchange traded fund’s stock valued at $86,136,000 after purchasing an additional 43,933 shares in the last quarter. Finally, GM Advisory Group LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.1% in the first quarter. GM Advisory Group LLC now owns 2,265,292 shares of the exchange traded fund’s stock valued at $30,876,000 after purchasing an additional 109,888 shares in the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance
Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.31 on Tuesday. The stock’s 50-day moving average is $13.26 and its 200-day moving average is $13.11. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.02 and a one year high of $14.00.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 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.
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