GM Advisory Group LLC Purchases 40,591 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

GM Advisory Group LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 1.7% during the 1st quarter, HoldingsChannel reports. The fund owned 2,385,149 shares of the exchange traded fund’s stock after purchasing an additional 40,591 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for about 1.6% of GM Advisory Group LLC’s investment portfolio, making the stock its 15th largest holding. GM Advisory Group LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $41,311,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Tidal Investments LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 803.0% in the second quarter. Tidal Investments LLC now owns 2,350,844 shares of the exchange traded fund’s stock worth $30,655,000 after purchasing an additional 2,090,507 shares during the period. Barclays PLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 396.7% during the 3rd quarter. Barclays PLC now owns 1,072,300 shares of the exchange traded fund’s stock valued at $14,401,000 after purchasing an additional 856,400 shares during the period. Janney Montgomery Scott LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5,827.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 829,660 shares of the exchange traded fund’s stock valued at $14,370,000 after purchasing an additional 815,663 shares during the period. Morgan Stanley boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% in the 4th quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock valued at $252,770,000 after purchasing an additional 784,292 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4,966.9% in the 4th quarter. Jane Street Group LLC now owns 618,211 shares of the exchange traded fund’s stock valued at $8,191,000 after purchasing an additional 606,010 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance

Shares of NASDAQ:PDBC opened at $15.87 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.87 and a one year high of $18.95. The company has a 50 day moving average of $17.50 and a 200-day moving average of $16.00.

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.