Point Nemo Capital LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 50.4% in the 3rd quarter, Holdings Channel reports. The firm owned 496,577 shares of the exchange traded fund’s stock after buying an additional 166,444 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 4.5% of Point Nemo Capital LLC’s portfolio, making the stock its 2nd largest holding. Point Nemo Capital LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $9,584,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 833.1% in the second quarter. Brown Lisle Cummings Inc. now owns 1,549 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 1,383 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at $32,000. Ascentis Independent Advisors bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at $34,000. Pacifica Partners Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at $41,000. Finally, Triumph Capital Management lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13,471.4% during the 2nd quarter. Triumph Capital Management now owns 2,850 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 2,829 shares during the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance
PDBC opened at $18.77 on Friday. The business has a fifty day simple moving average of $19.57 and a 200-day simple moving average of $17.51. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $13.23 and a fifty-two week high of $20.36.
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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.
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