Invesco DB Agriculture Fund (NYSEARCA:DBA) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $25.63 and traded as high as $27.88. Invesco DB Agriculture Fund shares last traded at $27.72, with a volume of 171,831 shares trading hands.

Invesco DB Agriculture Fund Price Performance

The stock has a market cap of $895.62 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The company’s fifty day simple moving average is $26.92 and its two-hundred day simple moving average is $25.66.

Institutional Trading of Invesco DB Agriculture Fund

Several institutional investors and hedge funds have recently modified their holdings of DBA. JPMorgan Chase & Co. grew its position in Invesco DB Agriculture Fund by 1.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 664,397 shares of the exchange traded fund’s stock worth $17,334,000 after purchasing an additional 10,344 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Invesco DB Agriculture Fund by 0.4% in the third quarter. HighTower Advisors LLC now owns 372,097 shares of the exchange traded fund’s stock valued at $9,706,000 after acquiring an additional 1,359 shares in the last quarter. Capital Wealth Alliance LLC grew its holdings in shares of Invesco DB Agriculture Fund by 2.0% in the third quarter. Capital Wealth Alliance LLC now owns 252,156 shares of the exchange traded fund’s stock valued at $6,582,000 after acquiring an additional 4,823 shares in the last quarter. Passaic Partners LLC increased its position in shares of Invesco DB Agriculture Fund by 1.2% during the third quarter. Passaic Partners LLC now owns 228,795 shares of the exchange traded fund’s stock valued at $5,969,000 after acquiring an additional 2,616 shares during the last quarter. Finally, Itau Unibanco Holding S.A. lifted its holdings in Invesco DB Agriculture Fund by 1.2% during the third quarter. Itau Unibanco Holding S.A. now owns 164,900 shares of the exchange traded fund’s stock worth $4,302,000 after acquiring an additional 2,000 shares during the period.

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.