Canal Capital Management LLC Buys 32,999 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Canal Capital Management LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 104.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,492 shares of the exchange traded fund’s stock after purchasing an additional 32,999 shares during the quarter. Canal Capital Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $855,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock worth $2,807,000 after purchasing an additional 199,419 shares during the last quarter. Narus Financial Partners LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 10.8% during the 3rd quarter. Narus Financial Partners LLC now owns 27,867 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 2,714 shares during the period. Innova Wealth Partners acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at about $688,000. Briaud Financial Planning Inc raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.7% during the third quarter. Briaud Financial Planning Inc now owns 2,709,276 shares of the exchange traded fund’s stock valued at $36,386,000 after buying an additional 169,001 shares during the last quarter. Finally, Centaurus Financial Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 114.1% in the third quarter. Centaurus Financial Inc. now owns 50,059 shares of the exchange traded fund’s stock valued at $672,000 after buying an additional 26,678 shares during the period.

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

PDBC stock opened at $17.22 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.02 and a twelve month high of $17.49. The business’s 50-day simple moving average is $14.91 and its 200 day simple moving average is $13.98.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.