Investors Purchase Large Volume of Call Options on Invesco DB Agriculture Fund (NYSEARCA:DBA)

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of some unusual options trading on Monday. Stock investors purchased 51,642 call options on the company. This is an increase of 2,142% compared to the typical volume of 2,303 call options.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of institutional investors and hedge funds have recently bought and sold shares of DBA. Wells Fargo & Company MN grew its stake in shares of Invesco DB Agriculture Fund by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 929,129 shares of the exchange traded fund’s stock worth $23,711,000 after purchasing an additional 19,922 shares during the last quarter. Bank of America Corp DE boosted its holdings in Invesco DB Agriculture Fund by 5.1% during the first quarter. Bank of America Corp DE now owns 638,182 shares of the exchange traded fund’s stock worth $17,435,000 after buying an additional 31,182 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Invesco DB Agriculture Fund by 1.0% during the fourth quarter. HighTower Advisors LLC now owns 477,287 shares of the exchange traded fund’s stock worth $12,180,000 after buying an additional 4,686 shares in the last quarter. JPMorgan Chase & Co. grew its position in Invesco DB Agriculture Fund by 6.2% in the fourth quarter. JPMorgan Chase & Co. now owns 407,253 shares of the exchange traded fund’s stock worth $10,393,000 after buying an additional 23,609 shares during the last quarter. Finally, Passaic Partners LLC acquired a new position in Invesco DB Agriculture Fund in the fourth quarter worth approximately $9,972,000. 38.63% of the stock is owned by institutional investors and hedge funds.

Invesco DB Agriculture Fund Price Performance

Shares of DBA traded down $0.03 during midday trading on Monday, reaching $28.29. The stock had a trading volume of 563,795 shares, compared to its average volume of 1,129,200. The company has a market capitalization of $1.22 billion, a P/E ratio of 11.32 and a beta of 0.11. The firm’s 50 day moving average price is $27.48 and its 200-day moving average price is $27.11. Invesco DB Agriculture Fund has a 52 week low of $25.40 and a 52 week high of $28.84.

Invesco DB Agriculture Fund Company Profile

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. The proceeds from the offering of Shares are invested in the Master Fund.