Shares of Invesco DB Energy Fund (NYSEARCA:DBE – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $27.20 and traded as high as $28.80. Invesco DB Energy Fund shares last traded at $28.56, with a volume of 47,011 shares.
Invesco DB Energy Fund Price Performance
The stock’s 50-day moving average is $29.02 and its two-hundred day moving average is $27.28. The company has a market cap of $85.35 million, a P/E ratio of 3.72 and a beta of -0.07.
Institutional Trading of Invesco DB Energy Fund
Several large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in Invesco DB Energy Fund by 105.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 777 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco DB Energy Fund by 32.3% during the 2nd quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 947 shares during the last quarter. Barclays PLC bought a new position in shares of Invesco DB Energy Fund in the 4th quarter worth approximately $89,000. Leading Edge Financial Planning LLC purchased a new position in shares of Invesco DB Energy Fund in the second quarter worth approximately $108,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of Invesco DB Energy Fund in the third quarter worth approximately $221,000.
About Invesco DB Energy Fund
PowerShares DB Energy Fund (the Fund) is based on the Deutsche Bank Liquid Commodity Index – Optimum Yield Energy Excess Return (the Index). The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world-light sweet crude oil (WTI), heating oil, brent crude oil, reformulated blendstock for oxygenate blending (RBOB) gasoline and natural gas. The Index is intended to reflect the performance of the energy sector. The Fund is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust).
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