Traders Buy Large Volume of Invesco DB US Dollar Index Bullish Fund Call Options (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of some unusual options trading on Wednesday. Stock investors acquired 101,105 call options on the company. This is an increase of 3,389% compared to the average volume of 2,898 call options.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its position in Invesco DB US Dollar Index Bullish Fund by 34.6% during the 1st quarter. Royal Bank of Canada now owns 68,856 shares of the exchange traded fund’s stock worth $1,965,000 after acquiring an additional 17,692 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Invesco DB US Dollar Index Bullish Fund by 104.5% in the first quarter. Goldman Sachs Group Inc. now owns 15,782 shares of the exchange traded fund’s stock worth $450,000 after purchasing an additional 368,650 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund during the 1st quarter worth about $1,864,000. Kovack Advisors Inc. lifted its position in shares of Invesco DB US Dollar Index Bullish Fund by 104.9% during the 2nd quarter. Kovack Advisors Inc. now owns 14,454 shares of the exchange traded fund’s stock worth $389,000 after purchasing an additional 7,400 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Invesco DB US Dollar Index Bullish Fund by 6.3% during the 2nd quarter. Cetera Investment Advisers now owns 101,722 shares of the exchange traded fund’s stock valued at $2,734,000 after purchasing an additional 6,051 shares during the period.

Invesco DB US Dollar Index Bullish Fund Stock Up 0.1%

Shares of Invesco DB US Dollar Index Bullish Fund stock opened at $27.10 on Friday. Invesco DB US Dollar Index Bullish Fund has a 12-month low of $26.40 and a 12-month high of $29.40. The stock has a 50 day moving average price of $27.05 and a two-hundred day moving average price of $27.54.

Invesco DB US Dollar Index Bullish Fund Company Profile

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket.