Shares of Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Rating) traded up 1.1% during mid-day trading on Friday . The company traded as high as $23.71 and last traded at $23.67. 2,417,805 shares were traded during mid-day trading, an increase of 52% from the average session volume of 1,589,737 shares. The stock had previously closed at $23.42.
Invesco DB Commodity Index Tracking Fund Price Performance
The business has a 50-day simple moving average of $24.22 and a 200-day simple moving average of $24.79.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC increased its position in Invesco DB Commodity Index Tracking Fund by 1.6% during the third quarter. Flagship Harbor Advisors LLC now owns 26,911 shares of the company’s stock worth $643,000 after buying an additional 415 shares during the period. Rational Advisors LLC grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 12.8% in the 2nd quarter. Rational Advisors LLC now owns 4,072 shares of the company’s stock valued at $108,000 after purchasing an additional 462 shares during the last quarter. Belpointe Asset Management LLC grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 3.5% in the 4th quarter. Belpointe Asset Management LLC now owns 13,844 shares of the company’s stock valued at $341,000 after purchasing an additional 462 shares during the last quarter. Stratos Wealth Advisors LLC grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 0.9% in the 4th quarter. Stratos Wealth Advisors LLC now owns 52,430 shares of the company’s stock valued at $1,292,000 after purchasing an additional 485 shares during the last quarter. Finally, Magnus Financial Group LLC grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 3.7% in the 2nd quarter. Magnus Financial Group LLC now owns 13,641 shares of the company’s stock valued at $363,000 after purchasing an additional 488 shares during the last quarter. Institutional investors and hedge funds own 52.82% 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.
Further Reading
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