Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.61 and traded as low as $26.56. Invesco DB US Dollar Index Bullish Fund shares last traded at $26.63, with a volume of 2,733,074 shares trading hands.

Invesco DB US Dollar Index Bullish Fund Stock Performance

The stock’s 50 day moving average is $27.55 and its two-hundred day moving average is $27.61.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Golden State Wealth Management LLC boosted its position in shares of Invesco DB US Dollar Index Bullish Fund by 225.0% in the 3rd quarter. Golden State Wealth Management LLC now owns 975 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 675 shares during the last quarter. National Bank of Canada FI boosted its holdings in Invesco DB US Dollar Index Bullish Fund by 809.9% during the third quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 1,142 shares during the last quarter. Knights of Columbus Asset Advisors LLC boosted its holdings in Invesco DB US Dollar Index Bullish Fund by 18.7% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 3,259 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 514 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund during the 2nd quarter worth about $100,000. Finally, Advisory Services Network LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund in the 3rd quarter valued at about $176,000.

About Invesco DB US Dollar Index Bullish Fund

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.