Financial Gravity Asset Management Inc. Acquires 13,674 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Financial Gravity Asset Management Inc. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 924.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 15,153 shares of the exchange traded fund’s stock after acquiring an additional 13,674 shares during the period. Financial Gravity Asset Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $213,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Stifel Financial Corp raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6,436.9% during the 4th quarter. Stifel Financial Corp now owns 2,718,975 shares of the exchange traded fund’s stock worth $36,163,000 after purchasing an additional 2,677,381 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at about $21,533,000. 1832 Asset Management L.P. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth about $20,963,000. SMI Advisory Services LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth about $21,020,000. Finally, New York Life Investment Management LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3,745.8% in the second quarter. New York Life Investment Management LLC now owns 1,125,982 shares of the exchange traded fund’s stock worth $15,820,000 after acquiring an additional 1,096,704 shares during the period.

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

NASDAQ:PDBC opened at $12.81 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.74 and a fifty-two week high of $15.35. The company has a 50 day simple moving average of $13.56 and a two-hundred day simple moving average of $13.82.

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.