Invesco DB Agriculture Fund (NYSEARCA:DBA) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.33 and traded as high as $26.49. Invesco DB Agriculture Fund shares last traded at $26.46, with a volume of 286,253 shares.

Invesco DB Agriculture Fund Price Performance

The business’s 50 day moving average price is $27.13 and its 200-day moving average price is $26.33. The firm has a market capitalization of $750.14 million, a price-to-earnings ratio of 11.45 and a beta of 0.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Accredited Wealth Management LLC purchased a new stake in Invesco DB Agriculture Fund during the fourth quarter worth about $29,000. Providence First Trust Co purchased a new stake in Invesco DB Agriculture Fund during the fourth quarter worth about $35,000. Vermillion Wealth Management Inc. purchased a new stake in Invesco DB Agriculture Fund during the fourth quarter worth about $55,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Invesco DB Agriculture Fund during the fourth quarter worth about $65,000. Finally, HM Payson & Co. purchased a new stake in Invesco DB Agriculture Fund during the fourth quarter worth about $72,000.

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.