Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Stock: Point Nemo Capital LLC Grows Stake

Point Nemo Capital LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 50.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 496,577 shares of the exchange traded fund’s stock after acquiring an additional 166,444 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for approximately 4.5% of Point Nemo Capital LLC’s holdings, making the stock its 2nd biggest position. Point Nemo Capital LLC owned approximately 0.12% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $9,584,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Kestra Advisory Services LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 31,754 shares of the exchange traded fund’s stock valued at $613,000 after purchasing an additional 4,488 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 86.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 262,269 shares of the exchange traded fund’s stock worth $5,062,000 after buying an additional 121,255 shares in the last quarter. Krane Financial Solutions LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.8% in the 3rd quarter. Krane Financial Solutions LLC now owns 53,091 shares of the exchange traded fund’s stock worth $1,025,000 after buying an additional 4,728 shares in the last quarter. Kuhn & Co Investment Counsel raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the 3rd quarter. Kuhn & Co Investment Counsel now owns 96,622 shares of the exchange traded fund’s stock worth $1,865,000 after buying an additional 3,241 shares in the last quarter. Finally, Virtue Capital Management LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.1% in the third quarter. Virtue Capital Management LLC now owns 150,147 shares of the exchange traded fund’s stock valued at $2,898,000 after buying an additional 12,513 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.2%

Shares of PDBC stock opened at $18.77 on Friday. The stock has a 50-day simple moving average of $19.57 and a 200 day simple moving average of $17.51. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $13.23 and a fifty-two week high of $20.36.

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.