Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw an uptick in trading volume on Tuesday . 5,363,972 shares were traded during trading, an increase of 39% from the previous session’s volume of 3,872,820 shares.The stock last traded at $13.68 and had previously closed at $13.63.

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

The business’s fifty day moving average is $13.47 and its two-hundred day moving average is $13.45.

Institutional Investors Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several large investors have recently added to or reduced their stakes in PDBC. Empower Advisory Group LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% during the 4th quarter. Empower Advisory Group LLC now owns 28,109,278 shares of the exchange traded fund’s stock valued at $365,140,000 after purchasing an additional 1,725,172 shares during the last quarter. SigFig Wealth Management LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.5% in the fourth quarter. SigFig Wealth Management LLC now owns 6,503,133 shares of the exchange traded fund’s stock valued at $84,085,000 after acquiring an additional 510,072 shares during the period. LPL Financial LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 89.1% in the 4th quarter. LPL Financial LLC now owns 5,296,295 shares of the exchange traded fund’s stock worth $68,799,000 after acquiring an additional 2,495,385 shares during the last quarter. FMR LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% during the 3rd quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock worth $50,892,000 after purchasing an additional 1,019,984 shares during the period. Finally, Briaud Financial Planning Inc grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% during the 4th quarter. Briaud Financial Planning Inc now owns 2,808,359 shares of the exchange traded fund’s stock valued at $36,480,000 after purchasing an additional 1,158,315 shares during the last quarter.

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.