1832 Asset Management L.P. Sells 75,462 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

1832 Asset Management L.P. trimmed its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 5.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,435,926 shares of the exchange traded fund’s stock after selling 75,462 shares during the period. 1832 Asset Management L.P.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $20,175,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Fifth Third Bancorp raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the second quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 1,058 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $34,000. YHB Investment Advisors Inc. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter valued at approximately $34,000. Versant Capital Management Inc acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at approximately $36,000. Finally, Transcendent Capital Group LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $38,000.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.41 on Tuesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.60 and a 1-year high of $15.22. The business has a fifty day moving average price of $13.33 and a 200-day moving average price of $13.80.

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.