Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.20 and traded as low as $28.41. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.41, with a volume of 765,347 shares trading hands.

Invesco DB US Dollar Index Bullish Fund Price Performance

The firm has a 50 day moving average of $29.11 and a 200-day moving average of $29.20.

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

A number of institutional investors have recently modified their holdings of UUP. Chapman Financial Group LLC bought a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at about $52,000. GeoWealth Management LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at $84,000. Comerica Bank acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at $192,000. Private Trust Co. NA lifted its stake in Invesco DB US Dollar Index Bullish Fund by 116.6% during the fourth quarter. Private Trust Co. NA now owns 7,025 shares of the exchange traded fund’s stock worth $207,000 after purchasing an additional 3,782 shares during the period. Finally, Kingsview Wealth Management LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at $241,000.

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.