Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Share Price Passes Below 200-Day Moving Average of $28.54

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $28.54 and traded as low as $28.16. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.19, with a volume of 1,798,570 shares changing hands.

Invesco DB US Dollar Index Bullish Fund Price Performance

The stock’s 50-day moving average price is $28.67 and its 200 day moving average price is $28.54.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bullish Fund

A number of hedge funds have recently modified their holdings of UUP. Cabana LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth about $309,000. Belpointe Asset Management LLC increased its position in Invesco DB US Dollar Index Bullish Fund by 19.0% during the fourth quarter. Belpointe Asset Management LLC now owns 21,526 shares of the exchange traded fund’s stock worth $583,000 after purchasing an additional 3,439 shares during the last quarter. Trademark Financial Management LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth about $502,000. Advisory Services Network LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth about $366,000. Finally, Focus Financial Network Inc. ADV acquired a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth about $362,000.

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.