Miracle Mile Advisors LLC Sells 34,494 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Miracle Mile Advisors LLC lowered its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 46.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,569 shares of the exchange traded fund’s stock after selling 34,494 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $531,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Diversify Advisory Services LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $21,533,000. 1832 Asset Management L.P. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter worth $20,963,000. SMI Advisory Services LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at $21,020,000. New York Life Investment Management LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3,745.8% during the 2nd quarter. New York Life Investment Management LLC now owns 1,125,982 shares of the exchange traded fund’s stock valued at $15,820,000 after buying an additional 1,096,704 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 129.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,459,457 shares of the exchange traded fund’s stock worth $20,505,000 after acquiring an additional 822,004 shares during the period.

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

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.88 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.60 and a 52-week high of $15.22. The stock’s 50-day simple moving average is $13.36 and its 200 day simple moving average is $13.81.

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.