Foundations Investment Advisors LLC Acquires 58,976 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Foundations Investment Advisors LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 205.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,650 shares of the exchange traded fund’s stock after acquiring an additional 58,976 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,161,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PDBC. Baker Avenue Asset Management LP lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.7% during the 4th quarter. Baker Avenue Asset Management LP now owns 32,046 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 2,570 shares during the period. IFG Advisory LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 14.8% during the 4th quarter. IFG Advisory LLC now owns 131,713 shares of the exchange traded fund’s stock valued at $1,745,000 after buying an additional 16,989 shares during the period. Endowment Wealth Management Inc. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.3% during the 4th quarter. Endowment Wealth Management Inc. now owns 33,929 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 2,888 shares during the period. Cary Street Partners Financial LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.7% during the 4th quarter. Cary Street Partners Financial LLC now owns 14,974 shares of the exchange traded fund’s stock valued at $198,000 after buying an additional 2,142 shares during the period. Finally, North Forty Two & Co. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 14.6% during the 4th quarter. North Forty Two & Co. now owns 19,625 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 2,500 shares during the period.

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

NASDAQ PDBC opened at $17.62 on Friday. The business’s fifty day moving average price is $17.73 and its 200-day moving average price is $15.47. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.47 and a 1-year high of $18.95.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.