Invesco DB Base Metals Fund (NYSEARCA:DBB) Stock Price Down 1.5%

Shares of Invesco DB Base Metals Fund (NYSEARCA:DBB) were down 1.5% during mid-day trading on Thursday . The stock traded as low as $18.53 and last traded at $18.58. Approximately 232,692 shares changed hands during trading, an increase of 61% from the average daily volume of 144,311 shares. The stock had previously closed at $18.86.

Invesco DB Base Metals Fund Trading Up 0.1 %

The company has a market capitalization of $138.64 million, a price-to-earnings ratio of 3.60 and a beta of 0.43. The stock has a 50-day simple moving average of $19.95 and a 200-day simple moving average of $19.08.

Institutional Investors Weigh In On Invesco DB Base Metals Fund

A number of institutional investors have recently modified their holdings of DBB. Capital Analysts LLC acquired a new position in Invesco DB Base Metals Fund in the fourth quarter worth $44,000. National Bank of Canada FI boosted its holdings in shares of Invesco DB Base Metals Fund by 389.9% in the 4th quarter. National Bank of Canada FI now owns 3,895 shares of the company’s stock valued at $70,000 after buying an additional 3,100 shares during the period. U S Global Investors Inc. bought a new stake in shares of Invesco DB Base Metals Fund during the 1st quarter valued at about $97,000. CWM LLC raised its stake in Invesco DB Base Metals Fund by 228.0% during the fourth quarter. CWM LLC now owns 6,432 shares of the company’s stock worth $118,000 after acquiring an additional 4,471 shares during the period. Finally, Solstein Capital LLC acquired a new stake in Invesco DB Base Metals Fund during the second quarter worth about $133,000.

Invesco DB Base Metals Fund Company Profile

PowerShares DB Base Metals Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series. The Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Industrial Metals 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.