Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Crosses Above 200-Day Moving Average of $23.25

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.25 and traded as high as $24.05. Invesco DB Agriculture Fund shares last traded at $23.81, with a volume of 534,588 shares traded.

Invesco DB Agriculture Fund Stock Performance

The firm has a market cap of $772.47 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The stock has a 50-day moving average of $24.75 and a 200-day moving average of $23.25.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DBA. U S Global Investors Inc. acquired a new position in shares of Invesco DB Agriculture Fund during the 1st quarter worth approximately $134,000. Creekmur Asset Management LLC bought a new stake in Invesco DB Agriculture Fund during the fourth quarter worth $174,000. Kingsview Wealth Management LLC bought a new position in shares of Invesco DB Agriculture Fund in the 1st quarter valued at about $256,000. Hillcrest Wealth Advisors NY LLC acquired a new position in shares of Invesco DB Agriculture Fund during the 1st quarter worth about $282,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Invesco DB Agriculture Fund by 10.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 11,836 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 1,100 shares during the period.

About Invesco DB Agriculture Fund

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.