Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Stock Position Increased by Echo45 Advisors LLC

Echo45 Advisors LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 7.0% during the 4th quarter, Holdings Channel reports. The firm 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 makes up about 5.6% of Echo45 Advisors LLC’s holdings, making the stock its 6th biggest position. Echo45 Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $7,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Cambridge Trust Co. lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% in the 3rd quarter. Cambridge Trust Co. now owns 1,821 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 1,798 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 271.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,856 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 1,356 shares during the last quarter. Coppell Advisory Solutions LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth about $27,000. City Holding Co. bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth about $27,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,158 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 1,543 shares during the last quarter.

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

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock traded down $0.03 during trading hours on Thursday, reaching $14.08. The company’s stock had a trading volume of 2,189,604 shares, compared to its average volume of 3,588,629. The firm has a 50 day moving average price of $13.71 and a 200-day moving average price of $13.91. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $13.05 and a one 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.