Archer Investment Corp Sells 3,540 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Archer Investment Corp reduced its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 32.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,498 shares of the exchange traded fund’s stock after selling 3,540 shares during the quarter. Archer Investment Corp’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $105,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $29,000. Fifth Third Bancorp boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the second quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 1,058 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $34,000. YHB Investment Advisors Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at approximately $34,000. Finally, Versant Capital Management Inc purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at approximately $36,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.9 %

Shares of NASDAQ PDBC opened at $12.96 on Thursday. The stock has a 50 day moving average price of $13.61 and a 200 day moving average price of $13.82. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.96 and a 52-week high of $15.35.

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