Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Get Free Report) shares were down 0.2% during mid-day trading on Tuesday . The stock traded as low as $18.18 and last traded at $18.18. Approximately 44,652 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 170,832 shares. The stock had previously closed at $18.21.
Invesco DB US Dollar Index Bearish Fund Stock Performance
The business has a 50 day moving average of $17.98 and a 200-day moving average of $18.15.
Institutional Investors Weigh In On Invesco DB US Dollar Index Bearish Fund
Several large investors have recently made changes to their positions in UDN. Kestra Advisory Services LLC bought a new stake in Invesco DB US Dollar Index Bearish Fund in the 4th quarter valued at $88,000. Comerica Bank bought a new position in Invesco DB US Dollar Index Bearish Fund during the 1st quarter worth about $88,000. Raymond James Financial Inc. bought a new position in Invesco DB US Dollar Index Bearish Fund during the 2nd quarter worth about $214,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at about $211,000. Finally, Maltin Wealth Management Inc. acquired a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at about $269,000.
About Invesco DB US Dollar Index Bearish Fund
PowerShares DB US Dollar Index Bearish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund’s subsidiary is DB US Dollar Index Bearish Master Fund (the Master Fund), which is a separate series of DB US Dollar Index Bearish Master Trust (the Master Trust). The Fund offers common units of beneficial interest only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Master Fund.
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