Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Pass Above 200 Day Moving Average – Here’s Why

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.26 and traded as high as $26.37. Invesco DB Agriculture Fund shares last traded at $26.29, with a volume of 713,945 shares traded.

Invesco DB Agriculture Fund Stock Down 0.4 %

The stock has a market cap of $745.32 million, a P/E ratio of 11.45 and a beta of 0.26. The firm has a 50 day moving average price of $27.11 and a 200 day moving average price of $26.26.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Accredited Wealth Management LLC purchased a new position in Invesco DB Agriculture Fund in the 4th quarter worth approximately $29,000. Providence First Trust Co purchased a new position in shares of Invesco DB Agriculture Fund in the fourth quarter worth $35,000. Vermillion Wealth Management Inc. bought a new position in shares of Invesco DB Agriculture Fund during the fourth quarter worth $55,000. Kohmann Bosshard Financial Services LLC purchased a new position in Invesco DB Agriculture Fund during the fourth quarter valued at $65,000. Finally, HM Payson & Co. bought a new stake in Invesco DB Agriculture Fund in the 4th quarter valued at $72,000.

Invesco DB Agriculture Fund Company Profile

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.