Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $33.68 and last traded at $33.6530, with a volume of 284827 shares changing hands. The stock had previously closed at $33.15.
Invesco DB Commodity Index Tracking Fund Stock Performance
The company’s fifty day simple moving average is $30.10 and its two-hundred day simple moving average is $29.25. The stock has a market capitalization of $2.00 billion, a P/E ratio of 5.00 and a beta of 0.10.
Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund
A number of large investors have recently made changes to their positions in DBC. Covestor Ltd boosted its stake in Invesco DB Commodity Index Tracking Fund by 110.6% in the 4th quarter. Covestor Ltd now owns 2,631 shares of the company’s stock valued at $59,000 after purchasing an additional 1,382 shares during the period. Summer Road LLC bought a new position in Invesco DB Commodity Index Tracking Fund during the 1st quarter worth $79,000. International Assets Investment Management LLC increased its position in Invesco DB Commodity Index Tracking Fund by 59.8% during the 1st quarter. International Assets Investment Management LLC now owns 3,395 shares of the company’s stock worth $97,000 after buying an additional 1,270 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 13.6% during the first quarter. Sound Income Strategies LLC now owns 6,277 shares of the company’s stock worth $180,000 after buying an additional 750 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 7.5% during the second quarter. IFP Advisors Inc now owns 7,928 shares of the company’s stock worth $211,000 after buying an additional 550 shares in the last quarter. Institutional investors own 48.28% of the company’s stock.
Invesco DB Commodity Index Tracking Fund Company Profile
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people
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