Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $26.45 and traded as high as $26.80. Invesco DB Agriculture Fund shares last traded at $26.68, with a volume of 345,114 shares trading hands.

Invesco DB Agriculture Fund Price Performance

The business’s fifty day moving average price is $27.17 and its 200 day moving average price is $26.45. The stock has a market cap of $829.75 million, a P/E ratio of 11.18 and a beta of 0.26.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of institutional investors have recently made changes to their positions in the stock. Kingsview Wealth Management LLC acquired a new position in shares of Invesco DB Agriculture Fund in the 3rd quarter worth approximately $330,000. Pekin Hardy Strauss Inc. raised its stake in Invesco DB Agriculture Fund by 2.5% during the third quarter. Pekin Hardy Strauss Inc. now owns 33,405 shares of the exchange traded fund’s stock worth $872,000 after buying an additional 830 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Invesco DB Agriculture Fund by 0.7% in the third quarter. Daiwa Securities Group Inc. now owns 140,200 shares of the exchange traded fund’s stock valued at $3,658,000 after buying an additional 1,000 shares during the period. Flow Traders U.S. LLC boosted its position in Invesco DB Agriculture Fund by 7.5% during the third quarter. Flow Traders U.S. LLC now owns 31,960 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 2,232 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in Invesco DB Agriculture Fund by 0.4% during the third quarter. HighTower Advisors LLC now owns 372,097 shares of the exchange traded fund’s stock valued at $9,706,000 after acquiring an additional 1,359 shares during the last quarter.

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.