Invesco DB Gold Fund (NYSEARCA:DGL) Stock Price Down 0.8%
Invesco DB Gold Fund (NYSEARCA:DGL)’s stock price traded down 0.8% during mid-day trading on Friday . The stock traded as low as $45.40 and last traded at $45.40, 100 shares changed hands during trading. A decline of 100% from the average session volume of 31,856 shares. The stock had previously closed at $45.76.
The firm’s 50 day simple moving average is $45.55 and its 200-day simple moving average is $41.81.
Large investors have recently made changes to their positions in the business. Citadel Advisors LLC acquired a new stake in Invesco DB Gold Fund during the 2nd quarter valued at $270,000. Assetmark Inc. raised its stake in Invesco DB Gold Fund by 3.6% during the 2nd quarter. Assetmark Inc. now owns 58,635 shares of the company’s stock valued at $2,530,000 after purchasing an additional 2,048 shares during the period. Finally, Rampart Investment Management Company LLC acquired a new position in shares of Invesco DB Gold Fund in the second quarter worth $1,762,000.
PowerShares DB Gold Fund (the Fund), a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series. The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Gold Index Excess Return (the Index) over time plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.
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