Freedom Investment Management Inc. Decreases Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Freedom Investment Management Inc. lessened its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 23.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,171 shares of the exchange traded fund’s stock after selling 27,992 shares during the period. Freedom Investment Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,224,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PDBC. Fifth Third Bancorp boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 1,058 shares during the period. Ashton Thomas Securities LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at approximately $35,000. Zions Bancorporation N.A. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at approximately $42,000. Private Trust Co. NA lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% during the 3rd quarter. Private Trust Co. NA now owns 4,637 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 2,067 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 83.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,628 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 2,105 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.6 %

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.36 on Thursday. The company has a fifty day simple moving average of $13.60 and a 200-day simple moving average of $13.67. 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.

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.