Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report)’s stock price shot up 2.3% during trading on Monday . The stock traded as high as $22.35 and last traded at $22.33. 651,375 shares traded hands during trading, a decline of 36% from the average session volume of 1,025,697 shares. The stock had previously closed at $21.82.
Invesco DB Commodity Index Tracking Fund Trading Down 0.0 %
The stock’s 50 day simple moving average is $22.47 and its two-hundred day simple moving average is $22.68.
Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund
A number of institutional investors have recently made changes to their positions in DBC. Jessup Wealth Management Inc raised its holdings in Invesco DB Commodity Index Tracking Fund by 11.8% in the 2nd quarter. Jessup Wealth Management Inc now owns 228,107 shares of the company’s stock worth $5,299,000 after purchasing an additional 24,015 shares during the period. Solstein Capital LLC bought a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 2nd quarter worth approximately $499,000. Fiduciary Financial Group LLC bought a new stake in shares of Invesco DB Commodity Index Tracking Fund during the second quarter worth $1,134,000. ORG Partners LLC purchased a new position in shares of Invesco DB Commodity Index Tracking Fund during the second quarter worth approximately $1,023,000. Finally, Olympus Wealth Management LLC raised its position in Invesco DB Commodity Index Tracking Fund by 74.8% during the 2nd quarter. Olympus Wealth Management LLC now owns 411,379 shares of the company’s stock valued at $9,556,000 after purchasing an additional 176,018 shares in the last quarter. Hedge funds and other institutional investors own 48.28% of the company’s stock.
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.
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