IFP Advisors Inc Trims Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

IFP Advisors Inc cut its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 48.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,978 shares of the exchange traded fund’s stock after selling 29,696 shares during the period. IFP Advisors Inc’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $410,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in PDBC. Pacifica Partners Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $26,000. Tucker Asset Management LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $31,000. International Assets Investment Management LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $34,000. CENTRAL TRUST Co purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at approximately $43,000. Finally, EverSource Wealth Advisors LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 781 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.6%

Shares of PDBC stock opened at $17.91 on Wednesday. The business’s fifty day moving average is $17.71 and its 200 day moving average is $15.40. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.47 and a twelve month high of $18.95.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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.