Shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Get Free Report) were down 0.2% during trading on Tuesday . The stock traded as low as $18.18 and last traded at $18.18. Approximately 44,652 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 170,832 shares. The stock had previously closed at $18.21.
Invesco DB US Dollar Index Bearish Fund Stock Down 0.1%
The stock’s fifty day simple moving average is $17.99 and its 200 day simple moving average is $18.15.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its stake in shares of Invesco DB US Dollar Index Bearish Fund by 1.9% in the 4th quarter. HighTower Advisors LLC now owns 581,726 shares of the company’s stock valued at $10,611,000 after acquiring an additional 10,877 shares during the period. Bank of America Corp DE lifted its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 31.8% in the 3rd quarter. Bank of America Corp DE now owns 522,460 shares of the company’s stock valued at $9,833,000 after purchasing an additional 125,986 shares during the last quarter. GFS Advisors LLC acquired a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 4th quarter valued at about $2,918,000. UBS Group AG grew its stake in Invesco DB US Dollar Index Bearish Fund by 29.9% during the 4th quarter. UBS Group AG now owns 140,684 shares of the company’s stock worth $2,566,000 after buying an additional 32,376 shares during the last quarter. Finally, L1 Global Manager Pty Ltd acquired a new position in Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth approximately $2,006,000.
Invesco DB US Dollar Index Bearish Fund Company Profile
PowerShares DB US Dollar Index Bearish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund’s subsidiary is DB US Dollar Index Bearish Master Fund (the Master Fund), which is a separate series of DB US Dollar Index Bearish Master Trust (the Master Trust). The Fund offers common units of beneficial interest only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Master Fund.
Read More
- Five stocks we like better than Invesco DB US Dollar Index Bearish Fund
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
- Sociedad Química y Minera’s Lithium Boom Is Back, But Iodine Steals the Show
- Forget Chips: These 3 Stocks Are Building the AI Data Center Boom
Receive News & Ratings for Invesco DB US Dollar Index Bearish Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB US Dollar Index Bearish Fund and related companies with MarketBeat.com's FREE daily email newsletter.
