Shares of Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $31.86 and last traded at $31.8150, with a volume of 972010 shares changing hands. The stock had previously closed at $31.30.
Invesco DB Commodity Index Tracking Fund Stock Performance
The stock’s 50-day moving average price is $28.95 and its two-hundred day moving average price is $28.66. The stock has a market capitalization of $1.89 billion, a PE ratio of 5.00 and a beta of 0.09.
Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jessup Wealth Management Inc purchased a new position in shares of Invesco DB Commodity Index Tracking Fund during the fourth quarter valued at approximately $28,000. Parkside Financial Bank & Trust purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter worth approximately $46,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter worth approximately $48,000. Covestor Ltd grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 110.6% in the 4th quarter. Covestor Ltd now owns 2,631 shares of the company’s stock worth $59,000 after buying an additional 1,382 shares during the last quarter. Finally, Summer Road LLC bought a new position in Invesco DB Commodity Index Tracking Fund during the 1st quarter valued at approximately $79,000. Institutional investors own 48.28% of the company’s stock.
About Invesco DB Commodity Index Tracking Fund
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. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people
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