Traders Purchase High Volume of Invesco DB US Dollar Index Bullish Fund Put Options (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) saw unusually large options trading activity on Friday. Traders bought 4,555 put options on the stock. This represents an increase of approximately 51% compared to the average daily volume of 3,014 put options.

Hedge Funds Weigh In On Invesco DB US Dollar Index Bullish Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new stake in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at about $3,507,000. JPMorgan Chase & Co. lifted its stake in Invesco DB US Dollar Index Bullish Fund by 22,676.1% in the fourth quarter. JPMorgan Chase & Co. now owns 906,035 shares of the exchange traded fund’s stock valued at $26,656,000 after buying an additional 902,057 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 143.2% in the fourth quarter. LPL Financial LLC now owns 217,868 shares of the exchange traded fund’s stock valued at $6,410,000 after acquiring an additional 128,279 shares during the period. Trek Financial LLC purchased a new position in shares of Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth approximately $1,913,000. Finally, RWA Wealth Partners LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at $1,000,000.

Invesco DB US Dollar Index Bullish Fund Stock Down 0.9 %

Shares of NYSEARCA UUP opened at $27.45 on Friday. Invesco DB US Dollar Index Bullish Fund has a 1 year low of $27.29 and a 1 year high of $30.69. The business has a 50-day moving average of $28.68 and a two-hundred day moving average of $29.21.

Invesco DB US Dollar Index Bullish Fund Company Profile

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.