(PDBA) Invesco Agriculture - Ratings and Ratios

The Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ: PDBA) is an actively managed exchange-traded fund designed to track the performance of the agricultural commodities market. The fund achieves this by investing in financial instruments that replicate the economic returns of agricultural commodities without directly holding physical assets, futures, or commodity-linked instruments. Instead, it uses a subsidiary to gain indirect exposure to the sector, aiming for returns that closely align with the agricultural commodities market. As a non-diversified fund, it can concentrate its holdings in a smaller number of securities, which may amplify risk and potential returns.

Ticker Symbol: PDBA | Exchange: NASDAQ | Type: ETF | Country Origin: USA | ETF Category: Commodities Focused

Based on the provided data, the fund currently has an AUM of $61.29 million, with an average daily trading volume of 47,050 shares over the past 20 days. The last price of $35.16 reflects a recent decline below its short-term moving averages, with the SMA 20 at $36.48 and SMA 50 at $36.01. The SMA 200 of $33.06 indicates longer-term upward momentum, though recent prices have pulled back from the higher levels. The ATR of 0.39 suggests relatively low volatility, with price movements remaining contained.