Invesco DB US Dollar Index Bullish Fund Sees Unusually High Options Volume (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of unusually large options trading activity on Wednesday. Stock traders purchased 101,105 call options on the stock. This is an increase of 3,389% compared to the typical daily volume of 2,898 call options.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bullish Fund

Institutional investors have recently added to or reduced their stakes in the company. National Wealth Management Group LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at about $273,000. Professional Financial Advisors LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at approximately $1,103,000. Goldman Sachs Group Inc. lifted its position in Invesco DB US Dollar Index Bullish Fund by 104.5% during the first quarter. Goldman Sachs Group Inc. now owns 15,782 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 368,650 shares in the last quarter. CoreCap Advisors LLC lifted its position in Invesco DB US Dollar Index Bullish Fund by 1,019.6% during the fourth quarter. CoreCap Advisors LLC now owns 10,300 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 9,380 shares in the last quarter. Finally, &PARTNERS purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth approximately $390,000.

Invesco DB US Dollar Index Bullish Fund Stock Down 0.1%

NYSEARCA:UUP opened at $27.08 on Thursday. Invesco DB US Dollar Index Bullish Fund has a fifty-two week low of $26.40 and a fifty-two week high of $29.40. The firm’s 50 day moving average is $27.07 and its two-hundred day moving average is $27.54.

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.