Raymond James Financial Services Advisors Inc. Has $31.67 Million Stock Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 171.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,381,332 shares of the exchange traded fund’s stock after purchasing an additional 1,505,382 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.70% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $31,672,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Cambridge Trust Co. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% in the third quarter. Cambridge Trust Co. now owns 1,821 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 1,798 shares during the period. Hazlett Burt & Watson Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 271.2% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,856 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 1,356 shares during the period. Coppell Advisory Solutions LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth approximately $27,000. City Holding Co. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth approximately $27,000. Finally, Steph & Co. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at approximately $33,000.

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

Shares of PDBC opened at $13.74 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $13.05 and a 52-week high of $15.35. The business’s 50 day moving average price is $13.45 and its two-hundred day moving average price is $14.01.

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.