SigFig Wealth Management LLC lowered its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,673,353 shares of the exchange traded fund’s stock after selling 248,024 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises about 3.2% of SigFig Wealth Management LLC’s holdings, making the stock its 11th largest position. SigFig Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $128,795,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC raised its stake 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 acquiring an additional 815,663 shares during the last quarter. Advisortrust Partners LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter valued at approximately $12,448,000. Tidal Investments LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.4% in the second quarter. Tidal Investments LLC now owns 2,587,034 shares of the exchange traded fund’s stock valued at $41,082,000 after purchasing an additional 473,522 shares during the period. Hsbc Holdings PLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 54.5% in the first quarter. Hsbc Holdings PLC now owns 1,021,000 shares of the exchange traded fund’s stock valued at $17,684,000 after purchasing an additional 360,000 shares during the period. Finally, Legacy Wealth Partners LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth approximately $6,123,000.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance
Shares of NASDAQ PDBC traded down $0.14 during mid-day trading on Wednesday, hitting $19.32. 2,400,462 shares of the company were exchanged, compared to its average volume of 7,686,010. The stock has a 50 day simple moving average of $18.72 and a 200-day simple moving average of $17.83. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $13.10 and a 1-year high of $20.16.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.
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