J2 Capital Management Inc Makes New Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

J2 Capital Management Inc purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 92,549 shares of the exchange traded fund’s stock, valued at approximately $1,202,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises 1.1% of J2 Capital Management Inc’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds have also modified their holdings of the company. Private Advisor Group LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 19.9% in the third quarter. Private Advisor Group LLC now owns 130,153 shares of the exchange traded fund’s stock valued at $1,748,000 after purchasing an additional 21,611 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% in the 3rd quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock valued at $8,841,000 after acquiring an additional 48,490 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 51,955 shares of the exchange traded fund’s stock worth $698,000 after acquiring an additional 1,575 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 125,533 shares of the exchange traded fund’s stock worth $1,686,000 after acquiring an additional 6,141 shares in the last quarter. Finally, Bedell Frazier Investment Counselling LLC raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.1% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 381,030 shares of the exchange traded fund’s stock valued at $5,117,000 after purchasing an additional 7,726 shares during the last quarter.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.60 on Friday. The firm has a 50-day moving average of $13.29 and a 200-day moving average of $13.45. 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 Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.5747 per share. The ex-dividend date was Monday, December 23rd.

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.