Invesco DB Agriculture Fund (NYSEARCA:DBA – Get Free Report) shares dropped 2.8% on Monday . The stock traded as low as $25.31 and last traded at $25.31. Approximately 354,850 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 548,411 shares. The stock had previously closed at $26.04.
Invesco DB Agriculture Fund Price Performance
The stock’s 50-day moving average is $24.02 and its 200 day moving average is $22.45. The company has a market cap of $829.56 million, a PE ratio of 10.84 and a beta of 0.19.
Institutional Investors Weigh In On Invesco DB Agriculture Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc increased its stake in Invesco DB Agriculture Fund by 277.0% during the 3rd quarter. IFP Advisors Inc now owns 2,790 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 2,050 shares in the last quarter. U S Global Investors Inc. acquired a new position in Invesco DB Agriculture Fund during the 1st quarter valued at approximately $134,000. CWM LLC increased its stake in Invesco DB Agriculture Fund by 182.8% during the 3rd quarter. CWM LLC now owns 6,690 shares of the exchange traded fund’s stock valued at $143,000 after purchasing an additional 4,324 shares in the last quarter. Creekmur Asset Management LLC acquired a new position in Invesco DB Agriculture Fund during the 4th quarter valued at approximately $174,000. Finally, Eudaimonia Partners LLC acquired a new position in Invesco DB Agriculture Fund during the 3rd quarter valued at approximately $200,000.
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.
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