Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Crosses Below 200-Day Moving Average – What’s Next?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.18 and traded as low as $27.27. Invesco DB US Dollar Index Bullish Fund shares last traded at $27.30, with a volume of 499,943 shares trading hands.

Invesco DB US Dollar Index Bullish Fund Price Performance

The firm has a 50 day moving average price of $28.48 and a two-hundred day moving average price of $29.18.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bullish Fund

Large investors have recently modified their holdings of the company. Octavia Wealth Advisors LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at $251,000. Mutual Advisors LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter valued at about $635,000. Drive Wealth Management LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the fourth quarter worth approximately $262,000. Foundations Investment Advisors LLC acquired a new position in Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at approximately $18,946,000. Finally, Narus Financial Partners LLC bought a new position in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth approximately $363,000.

About Invesco DB US Dollar Index Bullish Fund

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.