Maridea Wealth Management LLC Purchases 43,701 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Maridea Wealth Management LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 47.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,374 shares of the exchange traded fund’s stock after buying an additional 43,701 shares during the quarter. Maridea Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,807,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Revolve Wealth Partners LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth about $272,000. Rockefeller Capital Management L.P. lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 41.6% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 156,542 shares of the exchange traded fund’s stock valued at $2,041,000 after acquiring an additional 45,961 shares during the period. Prudential PLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.2% during the 2nd quarter. Prudential PLC now owns 23,590 shares of the exchange traded fund’s stock valued at $308,000 after acquiring an additional 1,790 shares during the period. MAI Capital Management lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% during the 2nd quarter. MAI Capital Management now owns 805,038 shares of the exchange traded fund’s stock valued at $10,498,000 after acquiring an additional 53,425 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth about $1,050,000.

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

Shares of PDBC opened at $17.33 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $17.49. The firm’s 50-day simple moving average is $14.98 and its two-hundred day simple moving average is $14.01.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.