Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Trading 0.1% Higher

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Get Rating) traded up 0.1% during mid-day trading on Wednesday . The company traded as high as $13.79 and last traded at $13.70. 3,099,308 shares traded hands during trading, a decline of 22% from the average session volume of 3,952,042 shares. The stock had previously closed at $13.68.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 1.6 %

The stock has a 50 day moving average of $13.85 and a 200-day moving average of $14.10.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Empower Advisory Group LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at $277,182,000. Arete Wealth Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at $565,000. Ameriprise Financial Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at $1,235,000. Prostatis Group LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at $1,241,000. Finally, JPMorgan Chase & Co. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 53.5% in the 1st quarter. JPMorgan Chase & Co. now owns 300,859 shares of the exchange traded fund’s stock worth $4,278,000 after acquiring an additional 104,840 shares in the last quarter.

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

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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.