Flagstar Advisors Inc. Has $531,000 Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Flagstar Advisors Inc. trimmed its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 29.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,537 shares of the exchange traded fund’s stock after selling 16,701 shares during the quarter. Flagstar Advisors Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $531,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% during the third quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock valued at $354,339,000 after purchasing an additional 1,834,864 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $21,533,000. 1832 Asset Management L.P. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter worth approximately $20,963,000. New York Life Investment Management LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3,745.8% in the 2nd quarter. New York Life Investment Management LLC now owns 1,125,982 shares of the exchange traded fund’s stock valued at $15,820,000 after acquiring an additional 1,096,704 shares during the period. Finally, International Assets Investment Management LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 59,605.6% during the third quarter. International Assets Investment Management LLC now owns 932,602 shares of the exchange traded fund’s stock valued at $12,525,000 after acquiring an additional 931,040 shares during the last quarter.

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

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.63 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.60 and a twelve month high of $14.69. The company’s fifty day moving average is $13.57 and its 200 day moving average is $13.69.

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.