Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Crosses Above 200-Day Moving Average – What’s Next?

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.73 and traded as high as $27.45. Invesco DB Agriculture Fund shares last traded at $27.38, with a volume of 315,274 shares traded.

Invesco DB Agriculture Fund Stock Performance

The firm has a market cap of $851.52 million, a P/E ratio of 11.24 and a beta of 0.21. The business’s 50-day simple moving average is $26.62 and its 200 day simple moving average is $26.73.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC grew its position in shares of Invesco DB Agriculture Fund by 25.3% during the 4th quarter. Global Retirement Partners LLC now owns 8,476 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 1,710 shares during the period. Kingsview Wealth Management LLC grew its position in shares of Invesco DB Agriculture Fund by 61.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 20,437 shares of the exchange traded fund’s stock valued at $543,000 after acquiring an additional 7,770 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Invesco DB Agriculture Fund by 5.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 9,588 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 518 shares during the period. WestEnd Advisors LLC bought a new stake in shares of Invesco DB Agriculture Fund during the 4th quarter valued at $108,000. Finally, Financial Advocates Investment Management grew its position in shares of Invesco DB Agriculture Fund by 2.1% during the 4th quarter. Financial Advocates Investment Management now owns 54,489 shares of the exchange traded fund’s stock valued at $1,449,000 after acquiring an additional 1,133 shares during the period.

About Invesco DB Agriculture Fund

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.