Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA – Get Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $36.46 and traded as low as $36.12. Invesco Agriculture Commodity Strategy No K-1 ETF shares last traded at $36.15, with a volume of 3,925,020 shares trading hands.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Down 1.2%

The company has a 50 day moving average of $38.03 and a two-hundred day moving average of $36.46.

Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth approximately $43,000. IFP Advisors Inc bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter worth approximately $62,000. NewEdge Advisors LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter worth approximately $107,000. Castleview Partners LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% during the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock worth $281,000 after buying an additional 426 shares in the last quarter. Finally, Beaumont Financial Advisors LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the third quarter worth approximately $305,000.

About Invesco Agriculture Commodity Strategy No K-1 ETF

(Get Free Report)

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.

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