Invesco DB Agriculture Fund (NYSEARCA:DBA – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $27.93 and last traded at $27.93, with a volume of 261 shares trading hands. The stock had previously closed at $27.64.
Invesco DB Agriculture Fund Stock Performance
The firm has a market cap of $899.51 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The company’s fifty day moving average is $26.06 and its two-hundred day moving average is $25.15.
Hedge Funds Weigh In On Invesco DB Agriculture Fund
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Advocates Investment Management lifted its holdings in Invesco DB Agriculture Fund by 1.1% in the 3rd quarter. Financial Advocates Investment Management now owns 53,356 shares of the exchange traded fund’s stock worth $1,392,000 after buying an additional 588 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in Invesco DB Agriculture Fund by 2.5% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 33,405 shares of the exchange traded fund’s stock worth $872,000 after buying an additional 830 shares in the last quarter. Key Financial Inc lifted its holdings in Invesco DB Agriculture Fund by 54.3% in the 2nd quarter. Key Financial Inc now owns 2,755 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 969 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Invesco DB Agriculture Fund by 0.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 140,200 shares of the exchange traded fund’s stock worth $3,658,000 after buying an additional 1,000 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in Invesco DB Agriculture Fund by 13.3% in the 3rd quarter. Westside Investment Management Inc. now owns 8,514 shares of the exchange traded fund’s stock worth $222,000 after buying an additional 1,000 shares in the last quarter.
About Invesco DB Agriculture Fund
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.
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