M&T Bank Corp Sells 44,433 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

M&T Bank Corp trimmed its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 27.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 119,672 shares of the exchange traded fund’s stock after selling 44,433 shares during the quarter. M&T Bank Corp’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,586,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PDBC. Revolve Wealth Partners LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $272,000. XTX Topco Ltd acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $181,000. EverSource Wealth Advisors LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 781 shares during the period. Qube Research & Technologies Ltd raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 37.5% in the second quarter. Qube Research & Technologies Ltd now owns 175,006 shares of the exchange traded fund’s stock worth $2,282,000 after purchasing an additional 47,711 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 85.9% in the second quarter. NewEdge Advisors LLC now owns 110,874 shares of the exchange traded fund’s stock worth $1,446,000 after purchasing an additional 51,248 shares during the period.

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

Shares of NASDAQ:PDBC opened at $18.07 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.47 and a 12 month high of $18.76. The company’s fifty day simple moving average is $17.04 and its 200 day simple moving average is $14.94.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.