Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.29 and traded as high as $26.97. Invesco DB Agriculture Fund shares last traded at $26.92, with a volume of 2,480,238 shares.

Invesco DB Agriculture Fund Price Performance

The stock has a 50-day simple moving average of $26.56 and a 200 day simple moving average of $26.29. The company has a market capitalization of $970.47 million, a PE ratio of 11.32 and a beta of 0.14.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Large investors have recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL acquired a new stake in Invesco DB Agriculture Fund in the 3rd quarter valued at about $27,000. International Assets Investment Management LLC acquired a new stake in Invesco DB Agriculture Fund in the 4th quarter valued at about $30,000. Group One Trading LLC acquired a new stake in Invesco DB Agriculture Fund in the 2nd quarter valued at about $36,000. Advisory Services Network LLC acquired a new stake in Invesco DB Agriculture Fund in the 3rd quarter valued at about $41,000. Finally, Aptus Capital Advisors LLC acquired a new stake in Invesco DB Agriculture Fund in the 4th quarter valued at about $60,000. 38.63% of the stock is owned by institutional investors and hedge funds.

Invesco DB Agriculture Fund Company Profile

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.