Invesco DB Agriculture Fund (NYSEARCA:DBA) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.17 and traded as high as $27.19. Invesco DB Agriculture Fund shares last traded at $27.12, with a volume of 148,361 shares.

Invesco DB Agriculture Fund Stock Performance

The firm has a market cap of $768.85 million, a PE ratio of 11.45 and a beta of 0.26. The firm’s 50-day moving average price is $27.15 and its two-hundred day moving average price is $26.17.

Institutional Trading of Invesco DB Agriculture Fund

Several institutional investors have recently modified their holdings of DBA. Wells Fargo & Company MN lifted its position in shares of Invesco DB Agriculture Fund by 41.3% during the 4th quarter. Wells Fargo & Company MN now owns 878,043 shares of the exchange traded fund’s stock worth $23,347,000 after buying an additional 256,500 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco DB Agriculture Fund during the 4th quarter worth approximately $2,722,000. Lake Street Advisors Group LLC lifted its position in shares of Invesco DB Agriculture Fund by 77.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 154,914 shares of the exchange traded fund’s stock worth $4,119,000 after buying an additional 67,758 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco DB Agriculture Fund by 18.2% during the 4th quarter. HighTower Advisors LLC now owns 439,716 shares of the exchange traded fund’s stock worth $11,692,000 after buying an additional 67,619 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its position in shares of Invesco DB Agriculture Fund by 100.0% during the 4th quarter. Mesirow Financial Investment Management Inc. now owns 104,486 shares of the exchange traded fund’s stock worth $2,778,000 after buying an additional 52,243 shares during 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.