49 Wealth Management LLC Has $16.13 Million Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

49 Wealth Management LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 26.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,200,694 shares of the exchange traded fund’s stock after purchasing an additional 249,822 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises 2.6% of 49 Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. 49 Wealth Management LLC owned approximately 0.36% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $16,125,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fifth Third Bancorp boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% during the second quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 1,058 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at about $35,000. Zions Bancorporation N.A. bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth about $42,000. Transcendent Capital Group LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% during the 1st quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 717 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 83.4% in the first quarter. EverSource Wealth Advisors LLC now owns 4,628 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 2,105 shares in the last quarter.

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

NASDAQ PDBC opened at $13.60 on Friday. The business has a fifty day simple moving average of $13.56 and a 200 day simple moving average of $13.69. 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.