Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.14 and traded as low as $29.06. Invesco DB US Dollar Index Bullish Fund shares last traded at $29.12, with a volume of 658,582 shares traded.

Invesco DB US Dollar Index Bullish Fund Trading Up 0.1 %

The firm’s 50-day moving average is $29.56 and its two-hundred day moving average is $29.15.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Pettinga Financial Advisors LLC bought a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at approximately $805,000. Western Standard LLC acquired a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at approximately $5,344,000. Cetera Investment Advisers raised its position in shares of Invesco DB US Dollar Index Bullish Fund by 361.1% in the fourth quarter. Cetera Investment Advisers now owns 60,902 shares of the exchange traded fund’s stock valued at $1,792,000 after purchasing an additional 47,695 shares during the period. Chapman Financial Group LLC bought a new position in shares of Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at approximately $52,000. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 3.2% during the 4th quarter. Bank of America Corp DE now owns 200,798 shares of the exchange traded fund’s stock worth $5,907,000 after buying an additional 6,237 shares during the period.

Invesco DB US Dollar Index Bullish Fund Company Profile

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.