Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.21 and traded as low as $28.47. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.51, with a volume of 364,693 shares changing hands.

Invesco DB US Dollar Index Bullish Fund Stock Performance

The company has a 50-day simple moving average of $28.97 and a 200-day simple moving average of $29.22.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of UUP. Chapman Financial Group LLC acquired a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter valued at approximately $52,000. GeoWealth Management LLC acquired a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth $84,000. Comerica Bank purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth $192,000. Private Trust Co. NA boosted its position in Invesco DB US Dollar Index Bullish Fund by 116.6% during the fourth quarter. Private Trust Co. NA now owns 7,025 shares of the exchange traded fund’s stock worth $207,000 after purchasing an additional 3,782 shares in the last quarter. Finally, Kingsview Wealth Management LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at $241,000.

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.