Evolution Wealth Advisors LLC Cuts Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Evolution Wealth Advisors LLC lowered its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 0.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 557,466 shares of the exchange traded fund’s stock after selling 2,321 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for about 1.3% of Evolution Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. Evolution Wealth Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $7,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Empower Advisory Group LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% during the 3rd quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock valued at $354,339,000 after buying an additional 1,834,864 shares in the last quarter. SigFig Wealth Management LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the second quarter. SigFig Wealth Management LLC now owns 5,640,243 shares of the exchange traded fund’s stock worth $79,245,000 after purchasing an additional 191,637 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,709,495 shares of the exchange traded fund’s stock valued at $66,168,000 after purchasing an additional 33,950 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,218,360 shares of the exchange traded fund’s stock worth $45,218,000 after buying an additional 31,430 shares in the last quarter. Finally, GM Advisory Group LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 38.0% in the 2nd quarter. GM Advisory Group LLC now owns 2,219,553 shares of the exchange traded fund’s stock worth $31,185,000 after buying an additional 610,783 shares during the last quarter.

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

Shares of NASDAQ PDBC opened at $13.18 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.60 and a 12-month high of $14.69. The firm’s 50-day moving average price is $13.52 and its 200-day moving average price is $13.70.

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.