Echo45 Advisors LLC Purchases 35,685 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Echo45 Advisors LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 544,266 shares of the exchange traded fund’s stock after buying an additional 35,685 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises about 5.6% of Echo45 Advisors LLC’s holdings, making the stock its 6th largest position. Echo45 Advisors LLC owned approximately 0.16% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $7,239,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Western Wealth Management LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.1% during the 4th quarter. Western Wealth Management LLC now owns 35,992 shares of the exchange traded fund’s stock worth $479,000 after acquiring an additional 1,417 shares in the last quarter. Oliver Lagore Vanvalin Investment Group increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.5% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 118,796 shares of the exchange traded fund’s stock worth $1,580,000 after buying an additional 24,128 shares during the last quarter. Strid Group LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth $6,478,000. Curran Financial Partners LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.6% in the 4th quarter. Curran Financial Partners LLC now owns 18,929 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 2,270 shares during the last quarter. Finally, London & Capital Asset Management Ltd boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.6% in the 4th quarter. London & Capital Asset Management Ltd now owns 24,872 shares of the exchange traded fund’s stock valued at $331,000 after buying an additional 4,580 shares during the last quarter.

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

Shares of NASDAQ:PDBC traded down $0.03 during trading hours on Thursday, hitting $14.08. The stock had a trading volume of 2,189,604 shares, compared to its average volume of 3,588,629. The stock’s fifty day simple moving average is $13.71 and its 200 day simple moving average is $13.91. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $13.05 and a 1-year high of $15.35.

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.