Verity Asset Management Inc. decreased its stake in shares of PowerShares DB US Dollar Index Bullish (NYSE:UUP) by 23.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,080 shares of the exchange traded fund’s stock after selling 8,216 shares during the period. Verity Asset Management Inc.’s holdings in PowerShares DB US Dollar Index Bullish were worth $670,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of UUP. Sei Investments Co. increased its position in shares of PowerShares DB US Dollar Index Bullish by 43.4% during the second quarter. Sei Investments Co. now owns 9,502 shares of the exchange traded fund’s stock worth $235,000 after acquiring an additional 2,878 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in PowerShares DB US Dollar Index Bullish by 33.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 16,932 shares of the exchange traded fund’s stock worth $419,000 after purchasing an additional 4,204 shares during the last quarter. Almanack Investment Partners LLC. boosted its holdings in PowerShares DB US Dollar Index Bullish by 37.5% during the second quarter. Almanack Investment Partners LLC. now owns 18,444 shares of the exchange traded fund’s stock worth $456,000 after purchasing an additional 5,026 shares during the last quarter. Symons Capital Management Inc. boosted its holdings in PowerShares DB US Dollar Index Bullish by 337.3% during the second quarter. Symons Capital Management Inc. now owns 80,705 shares of the exchange traded fund’s stock worth $1,998,000 after purchasing an additional 62,250 shares during the last quarter. Finally, IPG Investment Advisors LLC boosted its holdings in PowerShares DB US Dollar Index Bullish by 25.3% during the second quarter. IPG Investment Advisors LLC now owns 189,847 shares of the exchange traded fund’s stock worth $4,699,000 after purchasing an additional 38,329 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: “Verity Asset Management Inc. Lowers Stake in PowerShares DB US Dollar Index Bullish (UUP)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/09/17/verity-asset-management-inc-lowers-stake-in-powershares-db-us-dollar-index-bullish-uup.html.

Shares of PowerShares DB US Dollar Index Bullish (NYSE UUP) traded down 0.33% on Friday, reaching $23.84. 1,469,610 shares of the company traded hands. The firm has a 50-day moving average price of $24.07 and a 200 day moving average price of $25.07. PowerShares DB US Dollar Index Bullish has a one year low of $23.66 and a one year high of $26.83.

PowerShares DB US Dollar Index Bullish 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.

Want to see what other hedge funds are holding UUP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares DB US Dollar Index Bullish (NYSE:UUP).

Institutional Ownership by Quarter for PowerShares DB US Dollar Index Bullish (NYSE:UUP)

Receive News & Stock Ratings for PowerShares DB US Dollar Index Bullish Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares DB US Dollar Index Bullish and related stocks with our FREE daily email newsletter.