Invesco DB Agriculture Fund Sees Unusually High Options Volume (NYSEARCA:DBA)

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw unusually large options trading activity on Wednesday. Stock investors bought 2,943 call options on the stock. This represents an increase of approximately 389% compared to the average daily volume of 602 call options.

Invesco DB Agriculture Fund Trading Down 3.2 %

Shares of DBA stock traded down $0.78 on Wednesday, reaching $23.86. The company had a trading volume of 1,392,635 shares, compared to its average volume of 571,667. The stock has a market cap of $788.57 million, a PE ratio of 10.84 and a beta of 0.19. The company has a 50-day moving average of $24.14 and a 200-day moving average of $22.49. Invesco DB Agriculture Fund has a 12 month low of $20.34 and a 12 month high of $26.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DBA. IFP Advisors Inc increased its position in shares of Invesco DB Agriculture Fund by 277.0% during the third quarter. IFP Advisors Inc now owns 2,790 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 2,050 shares in the last quarter. Raymond James & Associates increased its holdings in Invesco DB Agriculture Fund by 10.0% during the 3rd quarter. Raymond James & Associates now owns 30,019 shares of the exchange traded fund’s stock worth $643,000 after purchasing an additional 2,740 shares in the last quarter. Eudaimonia Partners LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the 3rd quarter valued at about $200,000. Belvedere Trading LLC bought a new stake in shares of Invesco DB Agriculture Fund in the third quarter valued at about $214,000. Finally, AlphaMark Advisors LLC boosted its position in shares of Invesco DB Agriculture Fund by 97.3% during the third quarter. AlphaMark Advisors LLC now owns 21,590 shares of the exchange traded fund’s stock worth $462,000 after buying an additional 10,650 shares during the period.

Invesco DB Agriculture Fund Company Profile

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.