Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.56 and traded as low as $26.89. Invesco DB US Dollar Index Bullish Fund shares last traded at $26.91, with a volume of 1,047,614 shares.

Invesco DB US Dollar Index Bullish Fund Stock Up 0.3%

The company’s fifty day simple moving average is $27.17 and its 200 day simple moving average is $27.56.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Golden State Wealth Management LLC lifted its position in Invesco DB US Dollar Index Bullish Fund by 225.0% during the third quarter. Golden State Wealth Management LLC now owns 975 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 675 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 809.9% during the 3rd quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 1,142 shares during the last quarter. Knights of Columbus Asset Advisors LLC grew its position in Invesco DB US Dollar Index Bullish Fund by 18.7% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 3,259 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 514 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in Invesco DB US Dollar Index Bullish Fund in the second quarter valued at $100,000. Finally, Tucker Asset Management LLC purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at about $151,000.

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. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. 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.