Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Unusually-High Trading Volume – Should You Buy?

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares saw unusually-high trading volume on Wednesday . Approximately 494,898 shares were traded during mid-day trading, an increase of 75% from the previous session’s volume of 283,201 shares.The stock last traded at $25.5950 and had previously closed at $25.57.

Invesco DB Agriculture Fund Stock Performance

The company has a market cap of $741.36 million, a price-to-earnings ratio of 11.32 and a beta of 0.21. The company has a 50-day simple moving average of $26.18 and a 200-day simple moving average of $26.47.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DBA. Guardian Partners Inc. acquired a new stake in Invesco DB Agriculture Fund in the first quarter valued at $565,000. Jane Street Group LLC grew its position in Invesco DB Agriculture Fund by 513.6% during the first quarter. Jane Street Group LLC now owns 137,350 shares of the exchange traded fund’s stock worth $3,618,000 after buying an additional 114,965 shares during the period. Modern Wealth Management LLC lifted its position in shares of Invesco DB Agriculture Fund by 10.4% during the 1st quarter. Modern Wealth Management LLC now owns 15,661 shares of the exchange traded fund’s stock valued at $413,000 after acquiring an additional 1,479 shares during the period. Clare Market Investments LLC lifted its position in shares of Invesco DB Agriculture Fund by 15.0% during the 2nd quarter. Clare Market Investments LLC now owns 15,915 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 2,075 shares during the period. Finally, Savior LLC boosted its stake in shares of Invesco DB Agriculture Fund by 10.1% during the 2nd quarter. Savior LLC now owns 64,845 shares of the exchange traded fund’s stock worth $1,696,000 after acquiring an additional 5,959 shares in the last quarter. Hedge funds and other institutional investors own 38.63% of the company’s stock.

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. The proceeds from the offering of Shares are invested in the Master Fund.