BNP Paribas Financial Markets Has $18.25 Million Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

BNP Paribas Financial Markets cut its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 32.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,405,000 shares of the exchange traded fund’s stock after selling 670,200 shares during the quarter. BNP Paribas Financial Markets’ holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $18,251,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in PDBC. PNC Financial Services Group Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 102.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 1,500 shares during the period. Montag & Caldwell LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $42,000. Trust Co. of Vermont lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 40.8% in the 4th quarter. Trust Co. of Vermont now owns 4,489 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 1,300 shares during the period. Transce3nd LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at $64,000. Finally, Elios Financial Group Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth $132,000.

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

PDBC stock opened at $12.76 on Friday. The company’s fifty day simple moving average is $12.98 and its 200 day simple moving average is $13.27. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $14.50.

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.