Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Shares Up 0.8% – What’s Next?

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s stock price rose 0.8% on Monday . The company traded as high as $22.19 and last traded at $22.14. Approximately 1,027,061 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 846,593 shares. The stock had previously closed at $21.97.

Invesco DB Commodity Index Tracking Fund Stock Up 0.8 %

The firm has a 50 day moving average of $21.94 and a 200 day moving average of $22.17.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fiduciary Advisors Inc. purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter worth about $29,000. Narus Financial Partners LLC bought a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter valued at $209,000. Natixis Advisors LLC purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 3rd quarter worth about $228,000. Innova Wealth Partners bought a new position in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter worth about $260,000. Finally, Clientfirst Wealth Management LLC purchased a new position in Invesco DB Commodity Index Tracking Fund during the 4th quarter valued at about $273,000. Institutional investors own 48.28% of the company’s stock.

Invesco DB Commodity Index Tracking Fund Company Profile

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.