Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) dropped 0.8% during trading on Wednesday . The stock traded as low as $26.44 and last traded at $26.45. Approximately 1,939,407 shares traded hands during trading, an increase of 48% from the average session volume of 1,312,161 shares. The stock had previously closed at $26.66.
Invesco DB Commodity Index Tracking Fund Stock Performance
The stock’s 50-day simple moving average is $29.43 and its 200 day simple moving average is $26.84. The company has a market capitalization of $1.52 billion, a PE ratio of 5.00 and a beta of 0.10.
Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund
Large investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL increased its holdings in shares of Invesco DB Commodity Index Tracking Fund by 555.6% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock valued at $27,000 after acquiring an additional 1,000 shares during the last quarter. Jessup Wealth Management Inc purchased a new stake in Invesco DB Commodity Index Tracking Fund during the fourth quarter worth approximately $28,000. Parkside Financial Bank & Trust purchased a new stake in Invesco DB Commodity Index Tracking Fund during the fourth quarter worth approximately $46,000. International Assets Investment Management LLC purchased a new stake in Invesco DB Commodity Index Tracking Fund during the fourth quarter worth approximately $48,000. Finally, eCIO Inc. acquired a new position in Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at approximately $57,000. Hedge funds and other 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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