Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Trading Up 0% – Still a Buy?

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) rose 0% during mid-day trading on Tuesday . The stock traded as high as $35.19 and last traded at $35.13. Approximately 7,837 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 34,579 shares. The stock had previously closed at $35.12.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

The firm has a 50 day moving average price of $35.17 and a two-hundred day moving average price of $35.40.

Institutional Trading of Invesco Agriculture Commodity Strategy No K-1 ETF

A number of hedge funds have recently bought and sold shares of PDBA. Private Wealth Advisors LLC increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 2.4% in the third quarter. Private Wealth Advisors LLC now owns 122,960 shares of the company’s stock worth $4,384,000 after acquiring an additional 2,911 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 3rd quarter worth approximately $1,236,000. Hilltop Holdings Inc. boosted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 227.4% in the 3rd quarter. Hilltop Holdings Inc. now owns 81,137 shares of the company’s stock worth $2,893,000 after purchasing an additional 56,356 shares during the period. Flow Traders U.S. LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter worth approximately $289,000. Finally, Perissos Private Wealth Management LLC raised its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% during the 3rd quarter. Perissos Private Wealth Management LLC now owns 71,154 shares of the company’s stock valued at $2,537,000 after purchasing an additional 661 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Company Profile

The Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) is an exchange-traded fund that mostly invests in broad market commodities. PBDA is an actively managed portfolio that provides exposure to global agricultural commodities through a Cayman Islands subsidiary. PDBA was launched on Aug 24, 2022 and is managed by Invesco.