Invesco DB Agriculture Fund (NYSEARCA:DBA) Reaches New 1-Year High – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBA) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $27.10 and last traded at $27.10, with a volume of 795 shares trading hands. The stock had previously closed at $27.00.

Invesco DB Agriculture Fund Trading Up 0.9 %

The company’s fifty day moving average is $25.83 and its 200-day moving average is $25.03. The firm has a market capitalization of $884.26 million, a P/E ratio of 10.07 and a beta of 0.15.

Institutional Trading of Invesco DB Agriculture Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DBA. Key Financial Inc grew its holdings in shares of Invesco DB Agriculture Fund by 54.3% during the second quarter. Key Financial Inc now owns 2,755 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 969 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the second quarter valued at approximately $132,000. IHT Wealth Management LLC bought a new position in Invesco DB Agriculture Fund in the 3rd quarter worth approximately $204,000. Sender Co & Partners Inc. acquired a new position in Invesco DB Agriculture Fund during the 2nd quarter worth $202,000. Finally, Westside Investment Management Inc. lifted its holdings in Invesco DB Agriculture Fund by 13.3% during the 3rd quarter. Westside Investment Management Inc. now owns 8,514 shares of the exchange traded fund’s stock worth $222,000 after buying an additional 1,000 shares in the last quarter.

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.