Mirae Asset Global Investments Co. Ltd. Sells 864,774 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Mirae Asset Global Investments Co. Ltd. lessened its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 95.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,420 shares of the exchange traded fund’s stock after selling 864,774 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $511,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter worth $168,000. Private Trust Co. NA lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 75.4% during the 3rd quarter. Private Trust Co. NA now owns 2,248 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 966 shares during the last quarter. Jmac Enterprises LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.9% during the third quarter. Jmac Enterprises LLC now owns 393,551 shares of the exchange traded fund’s stock valued at $5,884,000 after acquiring an additional 32,265 shares during the period. Simplicity Solutions LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at about $2,379,000. Finally, Connecticut Wealth Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at about $223,000.

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

NASDAQ PDBC opened at $14.29 on Friday. The stock has a 50-day simple moving average of $13.77 and a 200 day simple moving average of $13.90. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $13.05 and a twelve month high of $15.35.

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.