Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Trading Up 1.3% – Here’s Why

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBAGet Free Report) shares shot up 1.3% during trading on Monday . The stock traded as high as $35.13 and last traded at $35.12. 8,199 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 36,312 shares. The stock had previously closed at $34.68.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 1.2%

The stock’s fifty day moving average price is $35.51 and its 200 day moving average price is $35.54.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PDBA. CWM LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter worth $39,000. AE Wealth Management LLC increased its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 96.0% during the 1st quarter. AE Wealth Management LLC now owns 1,378 shares of the company’s stock worth $48,000 after purchasing an additional 675 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock valued at $150,000 after acquiring an additional 3,380 shares during the last quarter. Smithfield Trust Co acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the first quarter worth about $174,000. Finally, International Assets Investment Management LLC purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter worth $219,000.

About Invesco Agriculture Commodity Strategy No K-1 ETF

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The Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) is an exchange-traded fund that mostly invests in broad market commodities. PBDA is an actively managed portfolio that provides exposure to global agricultural commodities through a Cayman Islands subsidiary. PDBA was launched on Aug 24, 2022 and is managed by Invesco.

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