Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Price Passes Above 200-Day Moving Average of $24.33

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.33 and traded as high as $25.06. Invesco DB Agriculture Fund shares last traded at $24.97, with a volume of 138,838 shares trading hands.

Invesco DB Agriculture Fund Stock Performance

The stock has a fifty day moving average of $24.21 and a 200 day moving average of $24.33. The company has a market capitalization of $810.11 million, a P/E ratio of 10.07 and a beta of 0.15.

Institutional Trading of Invesco DB Agriculture Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of DBA. Key Financial Inc increased its position in Invesco DB Agriculture Fund by 54.3% in the second 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. International Assets Investment Management LLC purchased a new stake in shares of Invesco DB Agriculture Fund during the second quarter worth about $132,000. U S Global Investors Inc. purchased a new stake in shares of Invesco DB Agriculture Fund during the first quarter worth about $134,000. Creekmur Asset Management LLC purchased a new stake in shares of Invesco DB Agriculture Fund during the fourth quarter worth about $174,000. Finally, Sender Co & Partners Inc. purchased a new stake in shares of Invesco DB Agriculture Fund during the second quarter worth about $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.