Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Shares Up 2.3% – Here’s What Happened

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) shares were up 2.3% during mid-day trading on Monday . The company traded as high as $22.35 and last traded at $22.33. Approximately 651,375 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 1,025,697 shares. The stock had previously closed at $21.82.

Invesco DB Commodity Index Tracking Fund Price Performance

The firm’s 50-day moving average is $22.42 and its 200-day moving average is $22.69.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Several hedge funds have recently modified their holdings of DBC. International Assets Investment Management LLC boosted its position in Invesco DB Commodity Index Tracking Fund by 2,088.4% in the third quarter. International Assets Investment Management LLC now owns 332,400 shares of the company’s stock worth $7,403,000 after purchasing an additional 317,211 shares during the last quarter. Wexford Capital LP boosted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 167.3% in the 3rd quarter. Wexford Capital LP now owns 359,168 shares of the company’s stock worth $7,999,000 after buying an additional 224,820 shares during the last quarter. Olympus Wealth Management LLC grew its position in Invesco DB Commodity Index Tracking Fund by 74.8% during the second quarter. Olympus Wealth Management LLC now owns 411,379 shares of the company’s stock valued at $9,556,000 after buying an additional 176,018 shares during the period. Cetera Investment Advisers grew its position in Invesco DB Commodity Index Tracking Fund by 526.5% during the first quarter. Cetera Investment Advisers now owns 201,363 shares of the company’s stock valued at $4,625,000 after buying an additional 169,222 shares during the period. Finally, Insigneo Advisory Services LLC purchased a new stake in Invesco DB Commodity Index Tracking Fund during the second quarter worth about $3,008,000. Institutional investors own 48.28% of the company’s stock.

Invesco DB Commodity Index Tracking Fund Company Profile

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.