Ball & Co Wealth Management Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 277,497 shares of the exchange traded fund’s stock, valued at approximately $4,806,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises approximately 4.0% of Ball & Co Wealth Management Inc.’s investment portfolio, making the stock its 9th largest holding.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Simplicity Wealth LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 34.2% during the 1st quarter. Simplicity Wealth LLC now owns 81,602 shares of the exchange traded fund’s stock valued at $1,413,000 after purchasing an additional 20,813 shares during the last quarter. Hsbc Holdings PLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 54.5% in the 1st quarter. Hsbc Holdings PLC now owns 1,021,000 shares of the exchange traded fund’s stock worth $17,684,000 after buying an additional 360,000 shares during the last quarter. Kestra Advisory Services LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.9% in the 1st quarter. Kestra Advisory Services LLC now owns 33,442 shares of the exchange traded fund’s stock worth $579,000 after buying an additional 14,959 shares during the last quarter. Greenwood Capital Associates LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 28.4% in the first quarter. Greenwood Capital Associates LLC now owns 53,190 shares of the exchange traded fund’s stock worth $921,000 after buying an additional 11,779 shares in the last quarter. Finally, Richmond Investment Services LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 18.9% in the first quarter. Richmond Investment Services LLC now owns 24,261 shares of the exchange traded fund’s stock worth $420,000 after buying an additional 3,860 shares in the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance
PDBC stock opened at $16.44 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.87 and a one year high of $18.95. The company’s 50 day moving average price is $17.33 and its two-hundred day moving average price is $16.10.
About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
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.
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