Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBAGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.38 and traded as high as $26.86. Invesco DB Agriculture Fund shares last traded at $26.66, with a volume of 381,953 shares changing hands.

Invesco DB Agriculture Fund Price Performance

The stock has a market cap of $865.12 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The firm’s 50-day moving average is $26.56 and its 200 day moving average is $25.38.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

A number of large investors have recently modified their holdings of the company. IHT Wealth Management LLC purchased a new stake in Invesco DB Agriculture Fund during the 3rd quarter worth $204,000. Sender Co & Partners Inc. purchased a new stake in shares of Invesco DB Agriculture Fund in the second quarter worth about $202,000. Westside Investment Management Inc. boosted its position in shares of Invesco DB Agriculture Fund by 13.3% in the third 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 during the period. Signal Advisors Wealth LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the fourth quarter valued at about $242,000. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of Invesco DB Agriculture Fund during the 3rd quarter valued at about $330,000.

Invesco DB Agriculture Fund Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Invesco DB Agriculture Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB Agriculture Fund and related companies with MarketBeat.com's FREE daily email newsletter.