Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Stock Price Up 2.3% – Here’s What Happened

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) rose 2.3% during trading on Monday . The stock traded as high as $22.35 and last traded at $22.33. Approximately 651,375 shares changed hands during trading, a decline of 36% from the average daily volume of 1,025,697 shares. The stock had previously closed at $21.82.

Invesco DB Commodity Index Tracking Fund Price Performance

The company’s 50-day moving average is $22.42 and its two-hundred day moving average is $22.69.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Blair William & Co. IL purchased a new position in shares of Invesco DB Commodity Index Tracking Fund in the 1st quarter worth about $318,000. JT Stratford LLC bought a new stake in Invesco DB Commodity Index Tracking Fund in the 1st quarter worth approximately $349,000. Quadrature Capital Ltd purchased a new stake in Invesco DB Commodity Index Tracking Fund in the first quarter worth approximately $663,000. Cetera Investment Advisers grew its position in Invesco DB Commodity Index Tracking Fund by 526.5% during the first quarter. Cetera Investment Advisers now owns 201,363 shares of the company’s stock valued at $4,625,000 after acquiring an additional 169,222 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco DB Commodity Index Tracking Fund during the second quarter worth approximately $36,000. Institutional investors own 48.28% of the company’s stock.

Invesco DB Commodity Index Tracking Fund Company Profile

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world.