Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Cross Above 200-Day Moving Average of $24.13

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.13 and traded as high as $25.13. Invesco DB Agriculture Fund shares last traded at $25.02, with a volume of 228,565 shares trading hands.

Invesco DB Agriculture Fund Trading Up 0.2 %

The stock has a market capitalization of $811.90 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The stock has a 50-day moving average price of $24.08 and a 200 day moving average price of $24.13.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Assets Advisory LLC purchased a new position in Invesco DB Agriculture Fund in the 1st quarter valued at about $690,000. Hillcrest Wealth Advisors NY LLC purchased a new position in Invesco DB Agriculture Fund in the 1st quarter valued at about $282,000. Creekmur Asset Management LLC purchased a new position in Invesco DB Agriculture Fund in the 4th quarter valued at about $174,000. Plan Group Financial LLC lifted its stake in Invesco DB Agriculture Fund by 4.0% in the 1st quarter. Plan Group Financial LLC now owns 42,666 shares of the exchange traded fund’s stock valued at $1,056,000 after buying an additional 1,645 shares in the last quarter. Finally, Simplex Trading LLC purchased a new position in Invesco DB Agriculture Fund in the 1st quarter valued at about $518,000.

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.