Invesco DB Agriculture Fund (NYSEARCA:DBA – Get Free Report) saw unusually-high trading volume on Friday . Approximately 3,619,502 shares traded hands during trading, an increase of 195% from the previous session’s volume of 1,226,196 shares.The stock last traded at $26.4050 and had previously closed at $26.69.
Invesco DB Agriculture Fund Trading Down 1.1%
The stock has a market capitalization of $1.18 billion, a P/E ratio of 11.32 and a beta of 0.11. The company’s fifty day simple moving average is $27.48 and its 200 day simple moving average is $26.55.
Institutional Investors Weigh In On Invesco DB Agriculture Fund
A number of hedge funds have recently made changes to their positions in DBA. Strategic Investment Solutions Inc. IL bought a new position in shares of Invesco DB Agriculture Fund during the third quarter valued at about $27,000. International Assets Investment Management LLC bought a new stake in shares of Invesco DB Agriculture Fund in the 4th quarter valued at about $30,000. Group One Trading LLC bought a new position in Invesco DB Agriculture Fund during the 2nd quarter worth approximately $36,000. Advisory Services Network LLC purchased a new position in Invesco DB Agriculture Fund in the 3rd quarter worth approximately $41,000. Finally, Aptus Capital Advisors LLC bought a new stake in Invesco DB Agriculture Fund in the fourth quarter valued at approximately $60,000. 38.63% of the stock is currently owned by institutional investors.
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. The proceeds from the offering of Shares are invested in the Master Fund.
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