Krane Financial Solutions LLC Makes New $712,000 Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Krane Financial Solutions LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the first quarter, Holdings Channel reports. The institutional investor acquired 41,102 shares of the exchange traded fund’s stock, valued at approximately $712,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for 0.5% of Krane Financial Solutions LLC’s portfolio, making the stock its 28th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Verus Capital Partners LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% in the 1st quarter. Verus Capital Partners LLC now owns 13,365 shares of the exchange traded fund’s stock valued at $231,000 after purchasing an additional 624 shares during the period. Kensington Asset Management LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter valued at $2,927,000. TrueWealth Financial Partners acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter valued at $210,000. McIlrath & Eck LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at $2,515,000. Finally, Bank of America Corp DE increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% in the first quarter. Bank of America Corp DE now owns 4,899,404 shares of the exchange traded fund’s stock valued at $84,858,000 after buying an additional 183,866 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.4%

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.57 on Friday. The firm has a 50-day simple moving average of $17.01 and a two-hundred day simple moving average of $16.52. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.87 and a fifty-two week high of $18.95.

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.