Fifth Third Bancorp Grows Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Fifth Third Bancorp raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 20,873.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 244,342 shares of the exchange traded fund’s stock after purchasing an additional 243,177 shares during the period. Fifth Third Bancorp’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $4,232,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PDBC. Ball & Co Wealth Management Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth about $4,806,000. Simplicity Wealth LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 34.2% during the first quarter. Simplicity Wealth LLC now owns 81,602 shares of the exchange traded fund’s stock worth $1,413,000 after buying an additional 20,813 shares during the period. Hsbc Holdings PLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 54.5% during the first quarter. Hsbc Holdings PLC now owns 1,021,000 shares of the exchange traded fund’s stock worth $17,684,000 after purchasing an additional 360,000 shares in the last quarter. Kestra Advisory Services LLC boosted 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 valued at $579,000 after buying an additional 14,959 shares during the period. Finally, Greenwood Capital Associates LLC boosted its holdings 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 valued at $921,000 after purchasing an additional 11,779 shares during the period.

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

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.25 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 business has a 50-day simple moving average of $17.21 and a 200-day simple moving average of $16.23.

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.