Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 150.6% during the first quarter, Holdings Channel reports. The firm owned 91,757 shares of the exchange traded fund’s stock after purchasing an additional 55,135 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,589,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PDBC. LFA Lugano Financial Advisors SA lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.4% during the 1st quarter. LFA Lugano Financial Advisors SA now owns 47,568 shares of the exchange traded fund’s stock valued at $824,000 after acquiring an additional 2,003 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 32.1% during the 1st quarter. Sanctuary Advisors LLC now owns 132,715 shares of the exchange traded fund’s stock worth $2,299,000 after acquiring an additional 32,249 shares in the last quarter. Nwam LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.7% in the 1st quarter. Nwam LLC now owns 62,748 shares of the exchange traded fund’s stock worth $1,087,000 after acquiring an additional 2,266 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth $73,000. Finally, Fifth Third Bancorp raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 20,873.6% during the first quarter. Fifth Third Bancorp now owns 244,342 shares of the exchange traded fund’s stock worth $4,232,000 after purchasing an additional 243,177 shares during the period.

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

Shares of PDBC opened at $17.25 on Friday. The business’s 50-day moving average price is $17.21 and its 200 day moving average price is $16.23. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.87 and a 1-year high of $18.95.

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.