IFP Advisors Inc Has $815,000 Stock Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

IFP Advisors Inc decreased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 35.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 60,679 shares of the exchange traded fund’s stock after selling 33,384 shares during the quarter. IFP Advisors Inc’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $815,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of PDBC. Consultiva Wealth Management CORP. lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the second quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 775 shares during the last quarter. Cape Investment Advisory Inc. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% during the second quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 1,049 shares during the period. CENTRAL TRUST Co acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at approximately $43,000. EverSource Wealth Advisors LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 781 shares during the last quarter. Finally, United Community Bank bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth approximately $65,000.

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

NASDAQ:PDBC opened at $16.59 on Tuesday. The stock has a 50 day simple moving average of $15.04 and a 200 day simple moving average of $14.04. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.02 and a 1-year high of $17.49.

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.