Invesco DB Oil Fund (NYSEARCA:DBO) Trading 0.6% Higher

Invesco DB Oil Fund (NYSEARCA:DBO) traded up 0.6% during trading on Thursday . The stock traded as high as $15.37 and last traded at $15.33. 207,695 shares were traded during mid-day trading, a decline of 39% from the average session volume of 342,496 shares. The stock had previously closed at $15.24.

Invesco DB Oil Fund Stock Performance

The company’s 50-day moving average price is $15.53 and its 200 day moving average price is $15.20. The stock has a market capitalization of $255.24 million, a PE ratio of 3.01 and a beta of 0.04.

Institutional Trading of Invesco DB Oil Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Prudential PLC boosted its position in Invesco DB Oil Fund by 15.6% during the 4th quarter. Prudential PLC now owns 548,872 shares of the company’s stock valued at $7,695,000 after acquiring an additional 73,900 shares in the last quarter. Narus Financial Partners LLC boosted its position in Invesco DB Oil Fund by 14.9% during the 1st quarter. Narus Financial Partners LLC now owns 169,955 shares of the company’s stock valued at $2,641,000 after acquiring an additional 21,984 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in Invesco DB Oil Fund by 11.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 136,500 shares of the company’s stock valued at $1,899,000 after acquiring an additional 14,000 shares in the last quarter. Allegheny Financial Group LTD bought a new stake in Invesco DB Oil Fund during the 1st quarter valued at approximately $217,000. Finally, WNY Asset Management LLC bought a new stake in Invesco DB Oil Fund during the 1st quarter valued at approximately $187,000.

About Invesco DB Oil Fund

PowerShares DB Oil Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund is a based on the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.