Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Hits New 1-Year High – What’s Next?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) shares reached a new 52-week high on Monday. The stock traded as high as $20.16 and last traded at $20.1430, with a volume of 2,091,746 shares traded. The stock had previously closed at $20.11.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.3%

The business’s 50-day moving average price is $19.12 and its two-hundred day moving average price is $17.98.

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

Several large investors have recently modified their holdings of the business. LexAurum Advisors LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at approximately $5,144,000. IFP Advisors Inc grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 40.2% in the third quarter. IFP Advisors Inc now owns 110,281 shares of the exchange traded fund’s stock valued at $2,128,000 after purchasing an additional 31,646 shares in the last quarter. Robertson Stephens Wealth Management LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at approximately $224,000. TD Waterhouse Canada Inc. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter worth approximately $852,000. Finally, Legacy Wealth Partners LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 156.2% during the 3rd quarter. Legacy Wealth Partners LLC now owns 368,183 shares of the exchange traded fund’s stock worth $7,106,000 after purchasing an additional 224,464 shares during the last quarter.

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.