Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Stock Price Down 0.1% – Time to Sell?

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) shares dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as $37.43 and last traded at $37.74. 71,893 shares were traded during trading, a decline of 67% from the average daily volume of 216,694 shares. The stock had previously closed at $37.77.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Down 0.1%

The stock’s fifty day moving average price is $36.77 and its 200-day moving average price is $36.20.

Hedge Funds Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of PDBA. CWM LLC raised its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% in the 4th quarter. CWM LLC now owns 1,602 shares of the company’s stock valued at $54,000 after acquiring an additional 511 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock worth $150,000 after purchasing an additional 3,380 shares during the last quarter. Castleview Partners LLC boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% during the 1st quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock worth $281,000 after purchasing an additional 426 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter valued at approximately $289,000. Finally, LPL Financial LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $298,000.

About Invesco Agriculture Commodity Strategy No K-1 ETF

The Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) is an exchange-traded fund that mostly invests in broad market commodities. PBDA is an actively managed portfolio that provides exposure to global agricultural commodities through a Cayman Islands subsidiary. PDBA was launched on Aug 24, 2022 and is managed by Invesco.