Kiker Wealth Management LLC Sells 917,662 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Kiker Wealth Management LLC lowered its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 97.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,805 shares of the exchange traded fund’s stock after selling 917,662 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises 10.5% of Kiker Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Kiker Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of PDBC. Tidal Investments LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 803.0% in the 2nd quarter. Tidal Investments LLC now owns 2,350,844 shares of the exchange traded fund’s stock valued at $30,655,000 after purchasing an additional 2,090,507 shares in the last quarter. Barclays PLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 396.7% in the 3rd quarter. Barclays PLC now owns 1,072,300 shares of the exchange traded fund’s stock valued at $14,401,000 after purchasing an additional 856,400 shares in the last quarter. SigFig Wealth Management LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 12.7% in the 3rd quarter. SigFig Wealth Management LLC now owns 7,453,163 shares of the exchange traded fund’s stock valued at $100,468,000 after purchasing an additional 842,523 shares in the last quarter. Lido Advisors LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at about $6,560,000. Finally, New York Life Investment Management LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 67.7% in the 3rd quarter. New York Life Investment Management LLC now owns 1,060,625 shares of the exchange traded fund’s stock valued at $14,244,000 after purchasing an additional 428,345 shares in the last quarter.

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

Shares of NASDAQ PDBC opened at $18.07 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.35 and a fifty-two week high of $18.10. The stock’s 50-day simple moving average is $16.66 and its 200-day simple moving average is $14.76.

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.