Archer Investment Corp Lowers Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Archer Investment Corp lowered its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 32.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,498 shares of the exchange traded fund’s stock after selling 3,540 shares during the period. Archer Investment Corp’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of PDBC. Verity Asset Management Inc. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.4% during the 4th quarter. Verity Asset Management Inc. now owns 82,456 shares of the exchange traded fund’s stock valued at $1,097,000 after purchasing an additional 1,917 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.7% during the 4th quarter. Truist Financial Corp now owns 239,172 shares of the exchange traded fund’s stock valued at $3,181,000 after purchasing an additional 28,877 shares during the last quarter. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $1,603,000. Aspect Partners LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $4,478,000. Finally, Fifth Third Bancorp lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 1,058 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.9 %

Shares of PDBC opened at $12.96 on Thursday. The stock has a fifty day moving average price of $13.61 and a 200-day moving average price of $13.82. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.96 and a 12 month high of $15.35.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.