Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sets New 12-Month High – Here’s Why

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBCGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $18.95 and last traded at $18.92, with a volume of 4057143 shares trading hands. The stock had previously closed at $18.61.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.5%

The business’s fifty day moving average price is $17.45 and its 200 day moving average price is $15.16.

Hedge Funds Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pacifica Partners Inc. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth $26,000. Tucker Asset Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $31,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $34,000. Ascentis Independent Advisors bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter worth $34,000. Finally, CENTRAL TRUST Co bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter worth $43,000.

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

(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.

See Also

Receive News & Ratings for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF and related companies with MarketBeat.com's FREE daily email newsletter.