Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sets New 1-Year Low – Should You Sell?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) reached a new 52-week low on Friday . The company traded as low as $12.59 and last traded at $12.57, with a volume of 1308399 shares trading hands. The stock had previously closed at $13.18.

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

The stock has a 50 day simple moving average of $13.45 and a two-hundred day simple moving average of $13.45.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. DGS Capital Management LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.9% during the fourth quarter. DGS Capital Management LLC now owns 26,527 shares of the exchange traded fund’s stock worth $345,000 after buying an additional 739 shares in the last quarter. Zacks Investment Management grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.6% during the 4th quarter. Zacks Investment Management now owns 129,660 shares of the exchange traded fund’s stock valued at $1,684,000 after acquiring an additional 767 shares during the period. FSB Premier Wealth Management Inc. increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.0% in the 4th quarter. FSB Premier Wealth Management Inc. now owns 42,211 shares of the exchange traded fund’s stock valued at $548,000 after purchasing an additional 840 shares in the last quarter. Discipline Wealth Solutions LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.6% in the 4th quarter. Discipline Wealth Solutions LLC now owns 19,262 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 841 shares during the period. Finally, Key Client Fiduciary Advisors LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.1% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 24,555 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 1,195 shares in the last quarter.

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.