Invesco DB Agriculture Fund (NYSEARCA:DBA) Share Price Passes Above Two Hundred Day Moving Average of $24.23

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.23 and traded as high as $24.37. Invesco DB Agriculture Fund shares last traded at $24.31, with a volume of 309,297 shares trading hands.

Invesco DB Agriculture Fund Trading Down 1.5 %

The company has a market cap of $788.70 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The business has a fifty day moving average of $24.11 and a two-hundred day moving average of $24.23.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Institutional investors have recently added to or reduced their stakes in the stock. Key Financial Inc increased its stake in Invesco DB Agriculture Fund by 54.3% during the 2nd quarter. Key Financial Inc now owns 2,755 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 969 shares in the last quarter. U S Global Investors Inc. acquired a new position in Invesco DB Agriculture Fund in the 1st quarter valued at $134,000. International Assets Investment Management LLC acquired a new position in Invesco DB Agriculture Fund in the 2nd quarter valued at $132,000. Creekmur Asset Management LLC purchased a new position in Invesco DB Agriculture Fund in the 4th quarter valued at $174,000. Finally, Sender Co & Partners Inc. acquired a new stake in Invesco DB Agriculture Fund during the 2nd quarter worth $202,000.

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.