Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $27.62 and traded as low as $27.15. Invesco DB US Dollar Index Bullish Fund shares last traded at $27.21, with a volume of 931,318 shares.

Invesco DB US Dollar Index Bullish Fund Trading Down 0.8%

The stock has a fifty day moving average of $27.71 and a 200-day moving average of $27.62.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UUP. Golden State Wealth Management LLC increased 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 buying an additional 675 shares during the period. National Bank of Canada FI grew its stake in Invesco DB US Dollar Index Bullish Fund by 809.9% in 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 in the last quarter. Knights of Columbus Asset Advisors LLC increased its position in shares of 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 worth $90,000 after acquiring an additional 514 shares during the period. Delos Wealth Advisors LLC purchased a new position in shares of Invesco DB US Dollar Index Bullish Fund during the second quarter worth approximately $100,000. Finally, Advisory Services Network LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the third quarter valued at approximately $176,000.

About Invesco DB US Dollar Index Bullish Fund

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.