Preheat oven to 350°. Grease a bundt pan.
Mix all of the cake ingredients in a large bowl of an electric mixer until well combined.
Add ¼ cup chopped pecans evenly over the bottom of the pan.
Add ⅓ of cake batter to pan.
Combine the remaining pecans, sugar, and cinnamon. Sprinkle ⅓ of the dry mixture over the cake batter.
Repeat two times ending with the dry mixture.
Bake at 350° for 40-50 minutes or until a long wooden pick inserted into the center of the cake comes out clean.
Let cool for 30 minutes but not longer than one hour in pan. Invert the pan onto a wire rack and cool completely. Dust with powdered sugar if desired.