Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.21 and traded as low as $28.47. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.51, with a volume of 364,693 shares traded.

Invesco DB US Dollar Index Bullish Fund Stock Down 0.2 %

The firm’s 50 day moving average is $28.97 and its two-hundred day moving average is $29.21.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in Invesco DB US Dollar Index Bullish Fund by 22,676.1% in the 4th quarter. JPMorgan Chase & Co. now owns 906,035 shares of the exchange traded fund’s stock worth $26,656,000 after buying an additional 902,057 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth about $18,946,000. LPL Financial LLC boosted its position in shares of Invesco DB US Dollar Index Bullish Fund by 143.2% in the fourth quarter. LPL Financial LLC now owns 217,868 shares of the exchange traded fund’s stock worth $6,410,000 after acquiring an additional 128,279 shares during the last quarter. Bank of America Corp DE grew its holdings in Invesco DB US Dollar Index Bullish Fund by 3.2% in the fourth quarter. Bank of America Corp DE now owns 200,798 shares of the exchange traded fund’s stock valued at $5,907,000 after purchasing an additional 6,237 shares during the period. Finally, BNP Paribas Financial Markets increased its position in Invesco DB US Dollar Index Bullish Fund by 93.6% during the fourth quarter. BNP Paribas Financial Markets now owns 198,268 shares of the exchange traded fund’s stock worth $5,833,000 after purchasing an additional 95,856 shares during the last quarter.

About Invesco DB US Dollar Index Bullish Fund

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.