Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Shares Up 1.7%

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s share price rose 1.7% during mid-day trading on Tuesday . The stock traded as high as $22.85 and last traded at $22.66. Approximately 1,154,127 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 1,060,154 shares. The stock had previously closed at $22.27.

Invesco DB Commodity Index Tracking Fund Price Performance

The stock’s 50 day moving average price is $22.05 and its 200-day moving average price is $22.86.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DBC. Sanctuary Advisors LLC bought a new position in Invesco DB Commodity Index Tracking Fund during the second quarter valued at approximately $1,854,000. Cetera Investment Advisers boosted its position in shares of Invesco DB Commodity Index Tracking Fund by 3.6% during the 2nd quarter. Cetera Investment Advisers now owns 208,539 shares of the company’s stock valued at $4,844,000 after acquiring an additional 7,176 shares during the last quarter. Regal Investment Advisors LLC purchased a new position in shares of Invesco DB Commodity Index Tracking Fund in the second quarter valued at $332,000. Insigneo Advisory Services LLC bought a new stake in Invesco DB Commodity Index Tracking Fund in the second quarter worth $3,008,000. Finally, Cedar Wealth Management LLC purchased a new stake in Invesco DB Commodity Index Tracking Fund during the second quarter valued at $925,000. 48.28% of the stock is currently owned by institutional investors.

About Invesco DB Commodity Index Tracking Fund

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world.