Magnus Financial Group LLC Purchases Shares of 17,844 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Magnus Financial Group LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 17,844 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hazlett Burt & Watson Inc. grew its holdings 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 purchasing an additional 1,356 shares during the last quarter. Cambridge Trust Co. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% in the 3rd 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 last quarter. City Holding Co. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at about $27,000. Global Retirement Partners LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% during the fourth quarter. Global Retirement Partners LLC now owns 2,158 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 1,543 shares during the last quarter. Finally, Steph & Co. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth about $33,000.

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

PDBC opened at $14.29 on Tuesday. The stock’s 50 day moving average price is $13.83 and its 200-day moving average price is $13.89. 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.

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.