Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Cross Below 200-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 Wednesday . The stock has a two hundred day moving average of $27.61 and traded as low as $26.56. Invesco DB US Dollar Index Bullish Fund shares last traded at $26.63, with a volume of 2,733,074 shares traded.

Invesco DB US Dollar Index Bullish Fund Price Performance

The firm’s 50-day simple moving average is $27.55 and its two-hundred day simple moving average is $27.61.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its position in Invesco DB US Dollar Index Bullish Fund by 7,888.3% in the 4th quarter. Farther Finance Advisors LLC now owns 43,696 shares of the exchange traded fund’s stock valued at $1,181,000 after buying an additional 43,149 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at $273,000. Professional Financial Advisors LLC bought a new position in Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at about $1,103,000. Brookstone Capital Management acquired a new stake in Invesco DB US Dollar Index Bullish Fund in the fourth quarter worth about $2,030,000. Finally, CoreCap Advisors LLC raised its holdings in Invesco DB US Dollar Index Bullish Fund by 1,019.6% during the 4th quarter. CoreCap Advisors LLC now owns 10,300 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 9,380 shares during the last quarter.

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.