Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Volume Increase – What’s Next?

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) saw unusually-strong trading volume on Wednesday . Approximately 1,577,304 shares were traded during mid-day trading, an increase of 36% from the previous session’s volume of 1,156,295 shares.The stock last traded at $27.66 and had previously closed at $27.66.

Invesco DB Agriculture Fund Stock Performance

The company has a fifty day simple moving average of $27.19 and a two-hundred day simple moving average of $26.93. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11.

Institutional Trading of Invesco DB Agriculture Fund

Large investors have recently made changes to their positions in the company. Belvedere Trading LLC bought a new position in shares of Invesco DB Agriculture Fund in the 4th quarter valued at $322,000. Moors & Cabot Inc. grew its holdings in shares of Invesco DB Agriculture Fund by 6.1% during the fourth quarter. Moors & Cabot Inc. now owns 24,917 shares of the exchange traded fund’s stock worth $636,000 after purchasing an additional 1,430 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Invesco DB Agriculture Fund by 10.2% in the fourth quarter. Global Retirement Partners LLC now owns 8,241 shares of the exchange traded fund’s stock worth $210,000 after purchasing an additional 765 shares during the last quarter. HighTower Advisors LLC increased its holdings in Invesco DB Agriculture Fund by 1.0% in the fourth quarter. HighTower Advisors LLC now owns 477,287 shares of the exchange traded fund’s stock valued at $12,180,000 after purchasing an additional 4,686 shares during the period. Finally, International Assets Investment Management LLC bought a new position in Invesco DB Agriculture Fund during the 4th quarter worth $30,000. Institutional investors and hedge funds own 38.63% of the company’s stock.

About Invesco DB Agriculture Fund

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.