Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Pass Above 200 Day Moving Average – Here’s Why

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.54 and traded as high as $26.76. Invesco DB Agriculture Fund shares last traded at $26.65, with a volume of 256,309 shares trading hands.

Invesco DB Agriculture Fund Stock Performance

The company has a market capitalization of $828.82 million, a PE ratio of 11.37 and a beta of 0.21. The stock has a fifty day moving average of $26.75 and a 200 day moving average of $26.54.

Institutional Trading of Invesco DB Agriculture Fund

Hedge funds have recently bought and sold shares of the stock. Atria Investments Inc boosted its position in shares of Invesco DB Agriculture Fund by 2.4% during the 4th quarter. Atria Investments Inc now owns 15,786 shares of the exchange traded fund’s stock valued at $420,000 after acquiring an additional 368 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Invesco DB Agriculture Fund by 5.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 9,588 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 518 shares during the last quarter. Modern Wealth Management LLC grew its stake in shares of Invesco DB Agriculture Fund by 3.9% in the 4th quarter. Modern Wealth Management LLC now owns 14,185 shares of the exchange traded fund’s stock worth $396,000 after buying an additional 537 shares in the last quarter. Camelot Technology Advisors Inc. increased its holdings in shares of Invesco DB Agriculture Fund by 2.0% in the 4th quarter. Camelot Technology Advisors Inc. now owns 28,980 shares of the exchange traded fund’s stock worth $771,000 after buying an additional 572 shares during the last quarter. Finally, Park Edge Advisors LLC raised its position in shares of Invesco DB Agriculture Fund by 0.6% during the 4th quarter. Park Edge Advisors LLC now owns 116,407 shares of the exchange traded fund’s stock valued at $3,095,000 after buying an additional 658 shares in 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.