Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Stock Price Down 0.8%

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s stock price fell 0.8% during mid-day trading on Friday . The company traded as low as $23.18 and last traded at $23.21. 723,161 shares traded hands during trading, a decline of 36% from the average session volume of 1,130,448 shares. The stock had previously closed at $23.39.

Invesco DB Commodity Index Tracking Fund Stock Performance

The company’s 50-day moving average price is $23.35 and its 200-day moving average price is $22.76.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

Several large investors have recently bought and sold shares of the stock. Private Ocean LLC purchased a new position in Invesco DB Commodity Index Tracking Fund in the first quarter valued at $39,000. Sound Income Strategies LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter worth about $42,000. Global Retirement Partners LLC lifted its stake in Invesco DB Commodity Index Tracking Fund by 135.4% during the fourth quarter. Global Retirement Partners LLC now owns 3,527 shares of the company’s stock worth $77,000 after purchasing an additional 2,029 shares during the last quarter. Beacon Capital Management Inc. lifted its stake in Invesco DB Commodity Index Tracking Fund by 14.9% during the fourth quarter. Beacon Capital Management Inc. now owns 3,885 shares of the company’s stock worth $86,000 after purchasing an additional 504 shares during the last quarter. Finally, CWM LLC boosted its holdings in Invesco DB Commodity Index Tracking Fund by 61.3% in the fourth quarter. CWM LLC now owns 4,797 shares of the company’s stock valued at $106,000 after purchasing an additional 1,823 shares in the last quarter. Hedge funds and other institutional investors own 48.28% of the company’s stock.

About Invesco DB Commodity Index Tracking Fund

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world.