Invesco DB US Dollar Index Bullish Fund Target of Unusually Large Options Trading (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of unusually large options trading on Wednesday. Stock investors purchased 8,606 put options on the company. This represents an increase of approximately 189% compared to the typical volume of 2,978 put options.

Invesco DB US Dollar Index Bullish Fund Price Performance

Invesco DB US Dollar Index Bullish Fund stock opened at $28.50 on Thursday. The firm has a fifty day moving average of $29.37 and a 200-day moving average of $29.19. Invesco DB US Dollar Index Bullish Fund has a 52-week low of $27.70 and a 52-week high of $30.69.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in Invesco DB US Dollar Index Bullish Fund by 22,676.1% in the fourth quarter. JPMorgan Chase & Co. now owns 906,035 shares of the exchange traded fund’s stock valued at $26,656,000 after acquiring an additional 902,057 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund during the 4th quarter valued at $18,946,000. LPL Financial LLC increased its stake in Invesco DB US Dollar Index Bullish Fund by 143.2% during the 4th quarter. LPL Financial LLC now owns 217,868 shares of the exchange traded fund’s stock worth $6,410,000 after buying an additional 128,279 shares during the period. Bank of America Corp DE increased its stake in Invesco DB US Dollar Index Bullish Fund by 3.2% during the 4th quarter. Bank of America Corp DE now owns 200,798 shares of the exchange traded fund’s stock worth $5,907,000 after buying an additional 6,237 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in Invesco DB US Dollar Index Bullish Fund by 93.6% in the 4th quarter. BNP Paribas Financial Markets now owns 198,268 shares of the exchange traded fund’s stock worth $5,833,000 after buying an additional 95,856 shares in the last quarter.

Invesco DB US Dollar Index Bullish Fund Company Profile

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time.