Invesco DB Agriculture Fund (NYSEARCA:DBA) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.97 and traded as high as $16.11. Invesco DB Agriculture Fund shares last traded at $16.05, with a volume of 7,584 shares changing hands.
The business’s fifty day simple moving average is $15.96 and its two-hundred day simple moving average is $15.97.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DBA. MD Financial Management Inc. increased its holdings in Invesco DB Agriculture Fund by 309.7% in the third quarter. MD Financial Management Inc. now owns 773,822 shares of the exchange traded fund’s stock valued at $12,273,000 after buying an additional 584,957 shares in the last quarter. Invesco Ltd. increased its holdings in Invesco DB Agriculture Fund by 16.5% in the second quarter. Invesco Ltd. now owns 1,795,500 shares of the exchange traded fund’s stock valued at $29,751,000 after buying an additional 254,300 shares in the last quarter. Atria Investments LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the second quarter valued at about $739,000. Nomura Asset Management Co. Ltd. acquired a new position in Invesco DB Agriculture Fund during the second quarter worth about $355,000. Finally, Jefferies Group LLC acquired a new position in Invesco DB Agriculture Fund during the second quarter worth about $331,000.
About Invesco DB Agriculture Fund (NYSEARCA:DBA)
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.
Recommended Story: Bond
Receive News & Ratings for Invesco DB Agriculture Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB Agriculture Fund and related companies with MarketBeat.com's FREE daily email newsletter.