Commodity

Envestnet Asset Management Inc. Sells 501,233 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)


Envestnet Asset Management Inc. cut its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBCFree Report) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,528,499 shares of the exchange traded fund’s stock after selling 501,233 shares during the period. Envestnet Asset Management Inc. owned 1.31% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $60,229,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDBC. Morgan Stanley increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.4% during the 3rd quarter. Morgan Stanley now owns 24,929,824 shares of the exchange traded fund’s stock worth $372,701,000 after acquiring an additional 2,940,835 shares during the period. SigFig Wealth Management LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.0% in the fourth quarter. SigFig Wealth Management LLC now owns 4,929,346 shares of the exchange traded fund’s stock worth $65,560,000 after purchasing an additional 189,884 shares during the period. LPL Financial LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.9% in the third quarter. LPL Financial LLC now owns 3,593,362 shares of the exchange traded fund’s stock worth $53,721,000 after buying an additional 200,139 shares in the last quarter. Stifel Financial Corp boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6,436.9% during the fourth quarter. Stifel Financial Corp now owns 2,718,975 shares of the exchange traded fund’s stock valued at $36,163,000 after buying an additional 2,677,381 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 171.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,381,332 shares of the exchange traded fund’s stock worth $31,672,000 after buying an additional 1,505,382 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.5 %

NASDAQ:PDBC opened at $13.95 on Tuesday. The business’s 50-day moving average price is $14.16 and its two-hundred day moving average price is $13.76. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $13.05 and a twelve month high of $15.35.

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

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)



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