Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Large Volume Increase – Should You Buy?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw an uptick in trading volume on Wednesday . 7,609,697 shares traded hands during trading, an increase of 122% from the previous session’s volume of 3,421,948 shares.The stock last traded at $13.72 and had previously closed at $13.88.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.7 %

The business has a 50-day moving average of $13.36 and a 200 day moving average of $13.81.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of hedge funds have recently bought and sold shares of the company. Transcendent Capital Group LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% during the first quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 717 shares during the last quarter. Axiom Advisory LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% during the third quarter. Axiom Advisory LLC now owns 50,816 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 811 shares during the period. Verity Asset Management Inc. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% during the first quarter. Verity Asset Management Inc. now owns 83,271 shares of the exchange traded fund’s stock valued at $1,155,000 after purchasing an additional 815 shares during the period. PFG Investments LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% during the second quarter. PFG Investments LLC now owns 14,467 shares of the exchange traded fund’s stock valued at $203,000 after purchasing an additional 892 shares during the period. Finally, Abich Financial Wealth Management LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.9% during the second quarter. Abich Financial Wealth Management LLC now owns 9,903 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 896 shares during the period.

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.