Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $29.00 and traded as high as $29.37. Invesco DB US Dollar Index Bullish Fund shares last traded at $29.37, with a volume of 388,592 shares trading hands.

Invesco DB US Dollar Index Bullish Fund Price Performance

The firm has a 50 day moving average of $29.75 and a 200-day moving average of $29.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raffles Associates LP acquired a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 3rd quarter valued at $1,127,000. Flow Traders U.S. LLC raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 505.6% during the third quarter. Flow Traders U.S. LLC now owns 74,410 shares of the exchange traded fund’s stock worth $2,097,000 after acquiring an additional 62,124 shares in the last quarter. Empowered Funds LLC acquired a new stake in Invesco DB US Dollar Index Bullish Fund during the third quarter valued at $3,627,000. Retirement Financial Solutions LLC grew its stake in Invesco DB US Dollar Index Bullish Fund by 1.4% in the third quarter. Retirement Financial Solutions LLC now owns 42,340 shares of the exchange traded fund’s stock valued at $1,193,000 after purchasing an additional 578 shares in the last quarter. Finally, Focus Financial Network Inc. increased its position in Invesco DB US Dollar Index Bullish Fund by 2.8% in the 3rd quarter. Focus Financial Network Inc. now owns 12,593 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 345 shares during the last quarter.

About Invesco DB US Dollar Index Bullish Fund

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time.