41,344 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Shares Sold by Innova Wealth Partners

Innova Wealth Partners cut its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 16.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 212,670 shares of the exchange traded fund’s stock after selling 41,344 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises approximately 1.6% of Innova Wealth Partners’ portfolio, making the stock its 14th largest position. Innova Wealth Partners owned about 0.05% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $4,105,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 4,899,404 shares of the exchange traded fund’s stock valued at $84,858,000 after purchasing an additional 183,866 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.4% during the second quarter. Tidal Investments LLC now owns 2,587,034 shares of the exchange traded fund’s stock valued at $41,082,000 after buying an additional 473,522 shares during the period. Briaud Financial Planning Inc raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 47.6% during the third quarter. Briaud Financial Planning Inc now owns 2,468,334 shares of the exchange traded fund’s stock valued at $47,639,000 after acquiring an additional 796,323 shares in the last quarter. GM Advisory Group LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.7% in the 1st quarter. GM Advisory Group LLC now owns 2,385,149 shares of the exchange traded fund’s stock worth $41,311,000 after purchasing an additional 40,591 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 54.5% during the 1st quarter. Hsbc Holdings PLC now owns 1,021,000 shares of the exchange traded fund’s stock valued at $17,684,000 after purchasing an additional 360,000 shares in the last quarter.

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

Shares of PDBC stock opened at $20.02 on Wednesday. The company’s fifty day moving average price is $19.21 and its 200-day moving average price is $18.02. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $13.10 and a 12 month high of $20.17.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.