Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sets New 12-Month High – Should You Buy?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBCGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $18.82 and last traded at $18.80, with a volume of 176244 shares traded. The stock had previously closed at $18.55.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.2%

The firm has a 50 day moving average price of $17.18 and a 200-day moving average price of $15.01.

Institutional Investors Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several hedge funds have recently modified their holdings of the company. Pacifica Partners Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at $26,000. Tucker Asset Management LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $31,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $34,000. Ascentis Independent Advisors acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter valued at about $34,000. Finally, CENTRAL TRUST Co purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth approximately $43,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

(Get Free Report)

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.

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