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

Invesco DB Agriculture Fund (NYSEARCA:DBA) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $26.53 and traded as high as $26.94. Invesco DB Agriculture Fund shares last traded at $26.93, with a volume of 411,616 shares changing hands.

Invesco DB Agriculture Fund Price Performance

The firm’s 50-day moving average price is $27.15 and its 200-day moving average price is $26.53. The company has a market cap of $839.08 million, a price-to-earnings ratio of 11.37 and a beta of 0.21.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of hedge funds have recently bought and sold shares of the business. Atria Investments Inc boosted its holdings in Invesco DB Agriculture Fund by 2.4% in the fourth quarter. Atria Investments Inc now owns 15,786 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 368 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Invesco DB Agriculture Fund by 5.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 9,588 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 518 shares during the last quarter. Modern Wealth Management LLC grew its position in shares of Invesco DB Agriculture Fund by 3.9% during the 4th quarter. Modern Wealth Management LLC now owns 14,185 shares of the exchange traded fund’s stock valued at $396,000 after buying an additional 537 shares during the last quarter. Camelot Technology Advisors Inc. raised its stake in Invesco DB Agriculture Fund by 2.0% during the fourth quarter. Camelot Technology Advisors Inc. now owns 28,980 shares of the exchange traded fund’s stock worth $771,000 after acquiring an additional 572 shares during the period. Finally, Park Edge Advisors LLC raised its stake in Invesco DB Agriculture Fund by 0.6% during the fourth quarter. Park Edge Advisors LLC now owns 116,407 shares of the exchange traded fund’s stock worth $3,095,000 after acquiring an additional 658 shares during the period.

Invesco DB Agriculture Fund Company Profile

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.