Invesco DB Agriculture Fund (NYSEARCA:DBA – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.52 and traded as high as $27.59. Invesco DB Agriculture Fund shares last traded at $27.58, with a volume of 583,203 shares changing hands.
Invesco DB Agriculture Fund Stock Performance
The business’s 50 day moving average is $27.46 and its 200-day moving average is $26.52. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 11.32 and a beta of 0.12.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of DBA. Strategic Investment Solutions Inc. IL acquired a new position in Invesco DB Agriculture Fund in the 3rd quarter valued at $27,000. International Assets Investment Management LLC acquired a new position in Invesco DB Agriculture Fund in the 4th quarter valued at $30,000. Group One Trading LLC acquired a new position in Invesco DB Agriculture Fund in the 2nd quarter valued at $36,000. Advisory Services Network LLC acquired a new position in Invesco DB Agriculture Fund in the 3rd quarter valued at $41,000. Finally, Aptus Capital Advisors LLC acquired a new position in Invesco DB Agriculture Fund in the 4th quarter valued at $60,000. 38.63% of the stock is currently owned by institutional investors and hedge funds.
Invesco DB Agriculture Fund Company Profile
PowerShares DB Agriculture Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund’s subsidiary is DB Agriculture Master Fund (the Master Fund), a separate series of DB Multi-Sector Commodity Master Trust (the Master Trust). 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. The proceeds from the offering of Shares are invested in the Master Fund.
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