Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 2,392,101 shares traded hands during trading, an increase of 173% from the previous session’s volume of 876,280 shares.The stock last traded at $27.36 and had previously closed at $26.52.
Invesco DB Commodity Index Tracking Fund Price Performance
The company has a market cap of $1.49 billion, a PE ratio of 5.00 and a beta of 0.24. The stock has a fifty day moving average price of $24.02 and a 200-day moving average price of $23.10.
Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund
Several hedge funds have recently bought and sold shares of DBC. Strategic Investment Solutions Inc. IL grew its stake in Invesco DB Commodity Index Tracking Fund by 555.6% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock valued at $27,000 after acquiring an additional 1,000 shares in the last quarter. Jessup Wealth Management Inc purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter worth approximately $28,000. Parkside Financial Bank & Trust acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the fourth quarter worth approximately $46,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the fourth quarter worth approximately $48,000. Finally, Caitlin John LLC purchased a new position in Invesco DB Commodity Index Tracking Fund during the third quarter valued at approximately $53,000. 48.28% of the stock is owned by hedge funds and other institutional investors.
Invesco DB Commodity Index Tracking Fund Company Profile
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people
Featured Articles
- Five stocks we like better than Invesco DB Commodity Index Tracking Fund
- “I just bought 10,000 shares of a $5 stock…”
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- SpaceX IPO Confirmed: Claim Your Stake Today
- What central banks are doing with gold right now
Receive News & Ratings for Invesco DB Commodity Index Tracking Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB Commodity Index Tracking Fund and related companies with MarketBeat.com's FREE daily email newsletter.
