Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Invesco DB Agriculture Fund (NYSEARCA:DBA) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $26.74 and traded as high as $28.08. Invesco DB Agriculture Fund shares last traded at $28.02, with a volume of 713,447 shares changing hands.

Invesco DB Agriculture Fund Stock Up 0.3%

The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11. The firm’s 50 day moving average is $27.22 and its 200 day moving average is $26.76.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. M Holdings Securities Inc. boosted its position in shares of Invesco DB Agriculture Fund by 3.8% in the fourth quarter. M Holdings Securities Inc. now owns 17,244 shares of the exchange traded fund’s stock worth $440,000 after buying an additional 627 shares during the period. Sound Income Strategies LLC grew its holdings in shares of Invesco DB Agriculture Fund by 24.4% during the fourth quarter. Sound Income Strategies LLC now owns 3,339 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 655 shares in the last quarter. Camelot Technology Advisors Inc. raised its position in Invesco DB Agriculture Fund by 2.6% during the fourth quarter. Camelot Technology Advisors Inc. now owns 25,940 shares of the exchange traded fund’s stock valued at $662,000 after buying an additional 666 shares during the period. Global Retirement Partners LLC lifted its stake in Invesco DB Agriculture Fund by 10.2% in the 4th quarter. Global Retirement Partners LLC now owns 8,241 shares of the exchange traded fund’s stock worth $210,000 after acquiring an additional 765 shares in the last quarter. Finally, &PARTNERS boosted its position in Invesco DB Agriculture Fund by 3.4% during the 4th quarter. &PARTNERS now owns 26,508 shares of the exchange traded fund’s stock worth $676,000 after acquiring an additional 864 shares during the period. 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.