Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA – Get Free Report) saw strong trading volume on Tuesday . 756,612 shares changed hands during mid-day trading, a decline of 35% from the previous session’s volume of 1,161,966 shares.The stock last traded at $29.4350 and had previously closed at $29.32.
Invesco DB Agriculture Fund Price Performance
The firm’s 50 day moving average is $27.84 and its 200 day moving average is $27.28. The company has a market cap of $1.26 billion, a PE ratio of 11.32 and a beta of 0.11.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in DBA. International Assets Investment Management LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the fourth quarter worth $30,000. Group One Trading LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the 2nd quarter valued at about $36,000. Advisory Services Network LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the 3rd quarter valued at about $41,000. Aptus Capital Advisors LLC bought a new stake in shares of Invesco DB Agriculture Fund during the 4th quarter valued at about $60,000. Finally, Western Wealth Management LLC purchased a new position in shares of Invesco DB Agriculture Fund during the first quarter worth about $110,000. Institutional investors own 38.63% of the company’s stock.
Invesco DB Agriculture Fund Company Profile
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.
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