Investors Purchase Large Volume of Call Options on Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) saw unusually large options trading on Monday. Traders bought 6,803 call options on the company. This is an increase of 163% compared to the typical daily volume of 2,589 call options.

Invesco DB US Dollar Index Bullish Fund Price Performance

UUP stock opened at $29.42 on Wednesday. Invesco DB US Dollar Index Bullish Fund has a fifty-two week low of $27.70 and a fifty-two week high of $30.69. The firm has a fifty day moving average price of $29.66 and a 200 day moving average price of $29.13.

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

Several institutional investors have recently made changes to their positions in the company. Focus Financial Network Inc. lifted its position in shares of Invesco DB US Dollar Index Bullish Fund by 2.8% during the third quarter. Focus Financial Network Inc. now owns 12,593 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 345 shares during the last quarter. Truist Financial Corp raised its stake in Invesco DB US Dollar Index Bullish Fund by 5.5% in the 2nd quarter. Truist Financial Corp now owns 10,333 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 538 shares during the last quarter. Retirement Financial Solutions LLC increased its holdings in Invesco DB US Dollar Index Bullish Fund by 1.4% in the 3rd quarter. Retirement Financial Solutions LLC now owns 42,340 shares of the exchange traded fund’s stock worth $1,193,000 after buying an additional 578 shares during the period. Park Edge Advisors LLC grew its position in Invesco DB US Dollar Index Bullish Fund by 3.6% during the 3rd quarter. Park Edge Advisors LLC now owns 43,663 shares of the exchange traded fund’s stock worth $1,230,000 after purchasing an additional 1,502 shares during the period. Finally, Private Trust Co. NA lifted its holdings in Invesco DB US Dollar Index Bullish Fund by 116.6% in the fourth quarter. Private Trust Co. NA now owns 7,025 shares of the exchange traded fund’s stock valued at $207,000 after acquiring an additional 3,782 shares during the period.

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.