Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $28.93 and traded as low as $27.53. Invesco DB US Dollar Index Bullish Fund shares last traded at $27.57, with a volume of 656,658 shares trading hands.

Invesco DB US Dollar Index Bullish Fund Stock Up 0.3%

The business has a fifty day moving average price of $27.85 and a two-hundred day moving average price of $28.93.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Luminist Capital LLC raised its position in Invesco DB US Dollar Index Bullish Fund by 36.8% during the first quarter. Luminist Capital LLC now owns 1,464 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 394 shares in the last quarter. Chapman Financial Group LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at approximately $52,000. National Bank of Canada FI raised its position in Invesco DB US Dollar Index Bullish Fund by 1,436.4% during the first quarter. National Bank of Canada FI now owns 1,813 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 1,695 shares in the last quarter. GeoWealth Management LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at approximately $84,000. Finally, Comerica Bank purchased a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at approximately $192,000.

Invesco DB US Dollar Index Bullish Fund Company 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.