Invesco DB US Dollar Index Bullish Fund Sees Unusually Large Options Volume (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the recipient of unusually large options trading on Wednesday. Stock investors bought 101,105 call options on the company. This is an increase of 3,389% compared to the average volume of 2,898 call options.

Hedge Funds Weigh In On Invesco DB US Dollar Index Bullish Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UUP. Knights of Columbus Asset Advisors LLC lifted its stake in shares of Invesco DB US Dollar Index Bullish Fund by 18.7% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 3,259 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 514 shares during the last quarter. Golden State Wealth Management LLC increased its stake in Invesco DB US Dollar Index Bullish Fund by 225.0% in the third quarter. Golden State Wealth Management LLC now owns 975 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 675 shares during the period. National Bank of Canada FI lifted its position in shares of Invesco DB US Dollar Index Bullish Fund by 809.9% during the third quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 1,142 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Invesco DB US Dollar Index Bullish Fund by 9.2% during the third quarter. Raymond James Financial Inc. now owns 15,246 shares of the exchange traded fund’s stock valued at $419,000 after purchasing an additional 1,286 shares during the period. Finally, Focus Partners Wealth grew its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 5.8% in the third quarter. Focus Partners Wealth now owns 36,420 shares of the exchange traded fund’s stock worth $1,002,000 after purchasing an additional 2,006 shares during the last quarter.

Invesco DB US Dollar Index Bullish Fund Stock Down 0.1%

Shares of NYSEARCA UUP traded down $0.04 during trading on Wednesday, hitting $27.08. The company had a trading volume of 785,528 shares, compared to its average volume of 1,280,188. The stock has a 50 day simple moving average of $27.09 and a 200 day simple moving average of $27.54. Invesco DB US Dollar Index Bullish Fund has a 12 month low of $26.40 and a 12 month high of $29.40.

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. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. 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.