Home Commodities Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Sees Large Volume Increase

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Sees Large Volume Increase

59
0


Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBCGet Rating) shares saw an uptick in trading volume on Friday . 165,464 shares changed hands during trading, a decline of 97% from the previous session’s volume of 5,484,749 shares.The stock last traded at $26.80 and had previously closed at $26.64.

The stock has a 50-day simple moving average of $28.38 and a 200-day simple moving average of $25.50.

Several hedge funds and other institutional investors have recently made changes to their positions in DBC. JPMorgan Chase & Co. lifted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 3,225.6% during the fourth quarter. JPMorgan Chase & Co. now owns 5,410,078 shares of the company’s stock valued at $112,421,000 after purchasing an additional 5,247,398 shares during the last quarter. SG Americas Securities LLC increased its position in Invesco DB Commodity Index Tracking Fund by 1,824.8% in the 4th quarter. SG Americas Securities LLC now owns 1,442,330 shares of the company’s stock worth $29,972,000 after purchasing an additional 1,367,397 shares during the last quarter. UBS Group AG increased its position in Invesco DB Commodity Index Tracking Fund by 362.7% in the 1st quarter. UBS Group AG now owns 1,441,331 shares of the company’s stock worth $37,561,000 after purchasing an additional 1,129,831 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Invesco DB Commodity Index Tracking Fund by 186.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,349,507 shares of the company’s stock worth $35,168,000 after purchasing an additional 878,213 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Invesco DB Commodity Index Tracking Fund by 2,997.4% during the 1st quarter. Citigroup Inc. now owns 805,330 shares of the company’s stock valued at $20,987,000 after acquiring an additional 779,330 shares during the last quarter. 39.23% of the stock is owned by institutional investors and hedge funds.

About Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)

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.

Featured Articles



Receive News & Ratings for Invesco DB Commodity Index Tracking Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Invesco DB Commodity Index Tracking Fund and related companies with MarketBeat.com’s FREE daily email newsletter.

Source link

Previous articlePrivate Equity Funds | FII: Why should promoters of new-age cos act like PE funds & go on acquisition sprees? Ajay Bagga asks
Next article“You have to take into account that there could be a recession”

LEAVE A REPLY

Please enter your comment!
Please enter your name here