Invesco DB Agriculture Fund (NYSEARCA:DBA) Share Price Crosses Above 200 Day Moving Average of $23.25

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $23.25 and traded as high as $24.05. Invesco DB Agriculture Fund shares last traded at $23.81, with a volume of 534,588 shares.

Invesco DB Agriculture Fund Stock Performance

The company has a 50-day simple moving average of $24.75 and a two-hundred day simple moving average of $23.25. The firm has a market capitalization of $772.47 million, a P/E ratio of 10.07 and a beta of 0.15.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. RWA Wealth Partners LLC raised its holdings in Invesco DB Agriculture Fund by 10.8% in the fourth quarter. RWA Wealth Partners LLC now owns 13,936 shares of the exchange traded fund’s stock worth $289,000 after purchasing an additional 1,353 shares in the last quarter. Daiwa Securities Group Inc. increased its position in Invesco DB Agriculture Fund by 4.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 163,600 shares of the exchange traded fund’s stock valued at $3,393,000 after buying an additional 6,900 shares in the last quarter. Savior LLC increased its position in Invesco DB Agriculture Fund by 27.4% during the 4th quarter. Savior LLC now owns 84,129 shares of the exchange traded fund’s stock valued at $1,745,000 after buying an additional 18,091 shares in the last quarter. Tyche Wealth Partners LLC bought a new position in Invesco DB Agriculture Fund in the 4th quarter worth about $284,000. Finally, Perigon Wealth Management LLC lifted its stake in shares of Invesco DB Agriculture Fund by 39.6% in the fourth quarter. Perigon Wealth Management LLC now owns 51,928 shares of the exchange traded fund’s stock worth $1,077,000 after buying an additional 14,742 shares in the last quarter.

About Invesco DB Agriculture Fund

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.