Innova Wealth Partners Purchases 101,778 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Innova Wealth Partners boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 198.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,995 shares of the exchange traded fund’s stock after acquiring an additional 101,778 shares during the period. Innova Wealth Partners’ holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $2,027,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PDBC. Farmers Trust Co. lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 24.7% in the 4th quarter. Farmers Trust Co. now owns 23,954 shares of the exchange traded fund’s stock worth $317,000 after purchasing an additional 4,748 shares in the last quarter. Canal Capital Management LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 104.8% during the 4th quarter. Canal Capital Management LLC now owns 64,492 shares of the exchange traded fund’s stock valued at $855,000 after purchasing an additional 32,999 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% in the third quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock worth $2,807,000 after purchasing an additional 199,419 shares during the period. Narus Financial Partners LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 10.8% in the third quarter. Narus Financial Partners LLC now owns 27,867 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 2,714 shares during the period. Finally, Briaud Financial Planning Inc raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.7% in the third quarter. Briaud Financial Planning Inc now owns 2,709,276 shares of the exchange traded fund’s stock worth $36,386,000 after buying an additional 169,001 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.6%

Shares of PDBC stock opened at $17.33 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.02 and a 52-week high of $17.49. The business’s fifty day moving average is $14.98 and its 200 day moving average is $14.01.

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