Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Pass Above 200-Day Moving Average – What’s Next?

Invesco DB Agriculture Fund (NYSEARCA:DBAGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $25.63 and traded as high as $27.88. Invesco DB Agriculture Fund shares last traded at $27.72, with a volume of 171,831 shares trading hands.

Invesco DB Agriculture Fund Stock Performance

The company has a 50 day moving average of $26.90 and a two-hundred day moving average of $25.63. The stock has a market cap of $899.51 million, a PE ratio of 10.07 and a beta of 0.15.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Institutional investors have recently bought and sold shares of the company. WestEnd Advisors LLC acquired a new stake in Invesco DB Agriculture Fund in the 4th quarter worth about $108,000. IHT Wealth Management LLC acquired a new stake in Invesco DB Agriculture Fund in the 3rd quarter worth about $204,000. Westside Investment Management Inc. boosted its holdings in Invesco DB Agriculture Fund by 13.3% in the 3rd quarter. Westside Investment Management Inc. now owns 8,514 shares of the exchange traded fund’s stock worth $222,000 after buying an additional 1,000 shares during the last quarter. Signal Advisors Wealth LLC acquired a new stake in Invesco DB Agriculture Fund in the 4th quarter worth about $242,000. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Invesco DB Agriculture Fund by 5.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 9,588 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 518 shares during the last quarter.

About Invesco DB Agriculture Fund

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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.

Further Reading

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