Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Stake Lessened by Parr Mcknight Wealth Management Group LLC

Parr Mcknight Wealth Management Group LLC cut its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 42.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 97,009 shares of the exchange traded fund’s stock after selling 71,698 shares during the quarter. Parr Mcknight Wealth Management Group LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,872,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% in the first 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 acquiring an additional 183,866 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.4% in the 2nd quarter. Tidal Investments LLC now owns 2,587,034 shares of the exchange traded fund’s stock valued at $41,082,000 after acquiring an additional 473,522 shares during the period. Briaud Financial Planning Inc boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 47.6% during the 3rd quarter. Briaud Financial Planning Inc now owns 2,468,334 shares of the exchange traded fund’s stock worth $47,639,000 after purchasing an additional 796,323 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth about $45,173,000. Finally, Marion Wealth Management boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% in the 3rd quarter. Marion Wealth Management now owns 1,090,740 shares of the exchange traded fund’s stock worth $21,051,000 after acquiring an additional 16,907 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 3.7%

PDBC opened at $18.63 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $13.23 and a twelve month high of $20.36. The company has a fifty day simple moving average of $19.55 and a 200 day simple moving average of $17.46.

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

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.