Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Cross Above 200-Day Moving Average of $24.44

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $24.44 and traded as high as $25.53. Invesco DB Agriculture Fund shares last traded at $25.44, with a volume of 243,473 shares traded.

Invesco DB Agriculture Fund Stock Performance

The stock has a market cap of $825.37 million, a P/E ratio of 10.07 and a beta of 0.15. The firm has a 50-day moving average price of $24.33 and a 200-day moving average price of $24.44.

Institutional Trading of Invesco DB Agriculture Fund

A number of hedge funds have recently modified their holdings of the business. Financial Advocates Investment Management boosted its position in shares of Invesco DB Agriculture Fund by 1.6% in the 2nd quarter. Financial Advocates Investment Management now owns 52,768 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 850 shares in the last quarter. Key Financial Inc raised its stake in Invesco DB Agriculture Fund by 54.3% during the second quarter. Key Financial Inc now owns 2,755 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 969 shares during the last quarter. Tidal Investments LLC boosted its holdings in Invesco DB Agriculture Fund by 2.8% in the first quarter. Tidal Investments LLC now owns 38,313 shares of the exchange traded fund’s stock worth $949,000 after acquiring an additional 1,036 shares in the last quarter. Capital Wealth Alliance LLC grew its stake in shares of Invesco DB Agriculture Fund by 0.8% in the first quarter. Capital Wealth Alliance LLC now owns 180,138 shares of the exchange traded fund’s stock worth $4,460,000 after acquiring an additional 1,475 shares during the last quarter. Finally, Plan Group Financial LLC increased its holdings in shares of Invesco DB Agriculture Fund by 4.0% during the first quarter. Plan Group Financial LLC now owns 42,666 shares of the exchange traded fund’s stock valued at $1,056,000 after acquiring an additional 1,645 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.