Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 25.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,430 shares of the exchange traded fund’s stock after selling 4,295 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $167,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Northeast Financial Group Inc. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at approximately $3,542,000. Lifeworks Advisors LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter worth approximately $1,597,000. Endowment Wealth Management Inc. increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.3% during the 3rd quarter. Endowment Wealth Management Inc. now owns 25,904 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 818 shares in the last quarter. Empower Advisory Group LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% in the 3rd quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock valued at $354,339,000 after purchasing an additional 1,834,864 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% during the third quarter. Ashton Thomas Private Wealth LLC now owns 143,561 shares of the exchange traded fund’s stock worth $1,928,000 after buying an additional 4,815 shares in the last quarter.

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

PDBC stock opened at $13.26 on Friday. The firm’s fifty day moving average is $13.58 and its 200 day moving average is $13.63. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.55.

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.