Invesco DB US Dollar Index Bullish Fund Sees Unusually High Options Volume (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUPGet Rating) was the recipient of some unusual options trading activity on Wednesday. Traders purchased 29,348 put options on the stock. This represents an increase of approximately 74% compared to the typical daily volume of 16,840 put options.

Invesco DB US Dollar Index Bullish Fund Stock Performance

UUP opened at $29.81 on Thursday. Invesco DB US Dollar Index Bullish Fund has a 52-week low of $24.96 and a 52-week high of $29.92. The firm’s 50-day moving average price is $28.86 and its 200-day moving average price is $27.84.

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

Hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC increased its holdings in Invesco DB US Dollar Index Bullish Fund by 183.6% in the 4th quarter. HighTower Advisors LLC now owns 17,944 shares of the exchange traded fund’s stock worth $460,000 after buying an additional 11,617 shares during the period. LPL Financial LLC increased its holdings in Invesco DB US Dollar Index Bullish Fund by 1,002.4% in the 4th quarter. LPL Financial LLC now owns 253,901 shares of the exchange traded fund’s stock worth $6,507,000 after buying an additional 230,870 shares during the period. Wright Fund Managment LLC acquired a new position in Invesco DB US Dollar Index Bullish Fund in the 4th quarter worth approximately $58,682,000. Sage Capital Advisors llc increased its holdings in Invesco DB US Dollar Index Bullish Fund by 3.1% in the 1st quarter. Sage Capital Advisors llc now owns 141,332 shares of the exchange traded fund’s stock worth $3,769,000 after buying an additional 4,191 shares during the period. Finally, Brookstone Capital Management acquired a new position in Invesco DB US Dollar Index Bullish Fund in the 1st quarter worth approximately $585,000.

About Invesco DB US Dollar Index Bullish Fund

(Get Rating)

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.

See Also

Receive News & Ratings for Invesco DB US Dollar Index Bullish Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB US Dollar Index Bullish Fund and related companies with MarketBeat.com's FREE daily email newsletter.