Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Passes Above 200-Day Moving Average – Should You Sell?

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.26 and traded as high as $26.37. Invesco DB Agriculture Fund shares last traded at $26.29, with a volume of 713,945 shares trading hands.

Invesco DB Agriculture Fund Stock Performance

The firm has a fifty day simple moving average of $27.11 and a two-hundred day simple moving average of $26.26. The firm has a market cap of $745.32 million, a PE ratio of 11.45 and a beta of 0.26.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of hedge funds have recently bought and sold shares of DBA. Accredited Wealth Management LLC purchased a new position in shares of Invesco DB Agriculture Fund in the 4th quarter worth $29,000. Providence First Trust Co bought a new position in shares of Invesco DB Agriculture Fund in the 4th quarter valued at about $35,000. Vermillion Wealth Management Inc. purchased a new position in Invesco DB Agriculture Fund in the fourth quarter worth about $55,000. Kohmann Bosshard Financial Services LLC bought a new stake in Invesco DB Agriculture Fund during the fourth quarter worth approximately $65,000. Finally, HM Payson & Co. purchased a new stake in Invesco DB Agriculture Fund during the fourth quarter valued at approximately $72,000.

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.