Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Cross Below 200-Day Moving Average – What’s Next?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.54 and traded as low as $27.39. Invesco DB US Dollar Index Bullish Fund shares last traded at $27.41, with a volume of 2,493,175 shares traded.

Invesco DB US Dollar Index Bullish Fund Stock Down 0.2%

The business’s 50 day moving average is $27.06 and its two-hundred day moving average is $27.54.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in UUP. Golden State Wealth Management LLC boosted its stake in Invesco DB US Dollar Index Bullish Fund by 225.0% in the 3rd quarter. Golden State Wealth Management LLC now owns 975 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 675 shares during the period. National Bank of Canada FI boosted its position in shares of Invesco DB US Dollar Index Bullish Fund by 809.9% in the third quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 1,142 shares during the period. Knights of Columbus Asset Advisors LLC grew its stake in Invesco DB US Dollar Index Bullish Fund by 18.7% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 3,259 shares of the exchange traded fund’s stock valued at $90,000 after acquiring an additional 514 shares in the last quarter. Delos Wealth Advisors LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund during the second quarter valued at approximately $100,000. Finally, Tucker Asset Management LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth approximately $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.