Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $27.69 and traded as high as $28.37. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.36, with a volume of 2,514,755 shares changing hands.

Invesco DB US Dollar Index Bullish Fund Trading Up 0.3%

The company has a fifty day simple moving average of $27.73 and a two-hundred day simple moving average of $27.49.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. National Bank of Canada FI lifted its position in Invesco DB US Dollar Index Bullish Fund by 809.9% in the third quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 1,142 shares during the period. Western Wealth Management LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 1st quarter valued at $61,000. Geneos Wealth Management Inc. bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 1st quarter valued at $71,000. Tucker Asset Management LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at $151,000. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 3rd quarter valued at $176,000.

Invesco DB US Dollar Index Bullish Fund Company Profile

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. 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.