Envestnet Portfolio Solutions Inc. Buys 2,907 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Envestnet Portfolio Solutions Inc. grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,607 shares of the exchange traded fund’s stock after purchasing an additional 2,907 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $566,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Wintrust Investments LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 10.5% during the 4th quarter. Wintrust Investments LLC now owns 19,682 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 1,875 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $203,000. HighTower Advisors LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 372.9% during the fourth quarter. HighTower Advisors LLC now owns 553,929 shares of the exchange traded fund’s stock worth $7,196,000 after acquiring an additional 436,806 shares during the period. Endowment Wealth Management Inc. boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.8% in the fourth quarter. Endowment Wealth Management Inc. now owns 27,924 shares of the exchange traded fund’s stock worth $363,000 after purchasing an additional 2,020 shares during the last quarter. Finally, Global View Capital Management LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at $668,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.1 %

NASDAQ PDBC opened at $13.48 on Wednesday. The business’s fifty day moving average is $13.48 and its 200-day moving average is $13.43. 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 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.