Invesco DB Agriculture Fund (NYSEARCA:DBA) Share Price Passes Above 200 Day Moving Average of $23.65

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $23.65 and traded as high as $24.34. Invesco DB Agriculture Fund shares last traded at $24.11, with a volume of 223,608 shares trading hands.

Invesco DB Agriculture Fund Price Performance

The firm has a market cap of $775.56 million, a price-to-earnings ratio of 10.07 and a beta of 0.15. The firm has a fifty day simple moving average of $24.54 and a two-hundred day simple moving average of $23.67.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Institutional investors have recently added to or reduced their stakes in the business. U S Global Investors Inc. acquired a new stake in Invesco DB Agriculture Fund in the first quarter worth about $134,000. Creekmur Asset Management LLC acquired a new stake in shares of Invesco DB Agriculture Fund during the fourth quarter worth about $174,000. Kingsview Wealth Management LLC acquired a new stake in shares of Invesco DB Agriculture Fund during the first quarter worth about $256,000. Hillcrest Wealth Advisors NY LLC acquired a new stake in shares of Invesco DB Agriculture Fund during the first quarter worth about $282,000. Finally, Advantage Trust Co acquired a new stake in shares of Invesco DB Agriculture Fund during the fourth quarter worth about $268,000.

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.