Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Shares Up 0.3% – What’s Next?

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) shares were up 0.3% on Friday . The company traded as high as $22.76 and last traded at $22.70. Approximately 686,474 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 874,658 shares. The stock had previously closed at $22.63.

Invesco DB Commodity Index Tracking Fund Stock Performance

The stock’s 50 day simple moving average is $22.84 and its 200 day simple moving average is $22.47. The firm has a market cap of $1.27 billion, a PE ratio of 5.00 and a beta of 0.24.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DBC. Strategic Investment Solutions Inc. IL raised its position in Invesco DB Commodity Index Tracking Fund by 555.6% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Invesco DB Commodity Index Tracking Fund during the 3rd quarter valued at about $2,235,000. Knollwood Investment Advisory LLC raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 2.6% during the 3rd quarter. Knollwood Investment Advisory LLC now owns 18,904 shares of the company’s stock valued at $426,000 after buying an additional 479 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1,998.7% during the 3rd quarter. Lido Advisors LLC now owns 303,656 shares of the company’s stock valued at $6,842,000 after buying an additional 289,187 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Invesco DB Commodity Index Tracking Fund by 1.7% in the 3rd quarter. Bank of America Corp DE now owns 4,123,577 shares of the company’s stock worth $92,904,000 after buying an additional 67,602 shares during the last quarter. Institutional investors own 48.28% of the company’s stock.

About Invesco DB Commodity Index Tracking Fund

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people