Invesco DB Energy Fund (NYSEARCA:DBE) Shares Cross Above Two Hundred Day Moving Average of $20.78

Invesco DB Energy Fund (NYSEARCA:DBE)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $20.78 and traded as high as $21.33. Invesco DB Energy Fund shares last traded at $20.93, with a volume of 48,169 shares changing hands.

Invesco DB Energy Fund Stock Down 2.7 %

The company has a 50 day moving average price of $20.50 and a 200-day moving average price of $20.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DBE. Jane Street Group LLC increased its position in Invesco DB Energy Fund by 0.6% during the 3rd quarter. Jane Street Group LLC now owns 94,140 shares of the exchange traded fund’s stock valued at $2,130,000 after purchasing an additional 515 shares during the period. Morgan Stanley increased its position in Invesco DB Energy Fund by 9.8% during the 4th quarter. Morgan Stanley now owns 5,949 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 529 shares during the period. PNC Financial Services Group Inc. increased its position in Invesco DB Energy Fund by 29.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,333 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 535 shares during the period. Cetera Advisor Networks LLC increased its position in Invesco DB Energy Fund by 6.4% during the 4th quarter. Cetera Advisor Networks LLC now owns 13,537 shares of the exchange traded fund’s stock valued at $307,000 after purchasing an additional 816 shares during the period. Finally, WestEnd Advisors LLC acquired a new stake in Invesco DB Energy Fund during the 4th quarter valued at approximately $25,000.

About Invesco DB Energy Fund

PowerShares DB Energy Fund (the Fund) is based on the Deutsche Bank Liquid Commodity Index – Optimum Yield Energy Excess Return (the Index). The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world-light sweet crude oil (WTI), heating oil, brent crude oil, reformulated blendstock for oxygenate blending (RBOB) gasoline and natural gas.