Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Volume Increase

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) saw unusually-strong trading volume on Tuesday . Approximately 333,698 shares changed hands during trading, a decline of 38% from the previous session’s volume of 535,639 shares.The stock last traded at $25.79 and had previously closed at $26.19.

Invesco DB Agriculture Fund Price Performance

The stock’s 50 day simple moving average is $23.75 and its two-hundred day simple moving average is $22.35. The firm has a market cap of $876.49 million, a P/E ratio of 10.84 and a beta of 0.19.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of institutional investors have recently made changes to their positions in DBA. Truist Financial Corp grew its holdings in shares of Invesco DB Agriculture Fund by 4,267.5% during the fourth quarter. Truist Financial Corp now owns 437,059 shares of the exchange traded fund’s stock valued at $9,065,000 after buying an additional 427,052 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in shares of Invesco DB Agriculture Fund during the fourth quarter valued at approximately $2,793,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in Invesco DB Agriculture Fund by 39.4% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 336,653 shares of the exchange traded fund’s stock worth $7,201,000 after purchasing an additional 95,140 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in Invesco DB Agriculture Fund by 14.5% in the fourth quarter. 1832 Asset Management L.P. now owns 672,702 shares of the exchange traded fund’s stock worth $13,952,000 after purchasing an additional 85,409 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in Invesco DB Agriculture Fund in the third quarter worth approximately $1,308,000.

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.