Raymond James Financial Inc. Makes New $3.60 Million Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Raymond James Financial Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 277,316 shares of the exchange traded fund’s stock, valued at approximately $3,602,000. Raymond James Financial Inc. owned about 0.08% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at $197,000. Atria Investments Inc boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.9% in the fourth quarter. Atria Investments Inc now owns 131,178 shares of the exchange traded fund’s stock valued at $1,704,000 after acquiring an additional 11,827 shares in the last quarter. Assetmark Inc. boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.4% in the fourth quarter. Assetmark Inc. now owns 204,009 shares of the exchange traded fund’s stock valued at $2,650,000 after acquiring an additional 14,028 shares in the last quarter. NewSquare Capital LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.4% during the fourth quarter. NewSquare Capital LLC now owns 132,391 shares of the exchange traded fund’s stock worth $1,720,000 after purchasing an additional 7,979 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 95.2% during the fourth quarter. Jones Financial Companies Lllp now owns 101,055 shares of the exchange traded fund’s stock worth $1,313,000 after purchasing an additional 49,291 shares in the last quarter.

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

NASDAQ:PDBC opened at $13.51 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.60 and a 52-week high of $14.55. The stock’s 50 day moving average price is $13.47 and its 200 day moving average price is $13.43.

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.