Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of Invesco DB Agriculture Fund (NYSEARCA:DBA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $24.75 and traded as high as $26.05. Invesco DB Agriculture Fund shares last traded at $26.00, with a volume of 293,719 shares traded.

Invesco DB Agriculture Fund Trading Up 0.4 %

The stock has a market cap of $843.70 million, a P/E ratio of 10.07 and a beta of 0.15. The firm has a 50-day simple moving average of $25.51 and a two-hundred day simple moving average of $24.75.

Institutional Trading of Invesco DB Agriculture Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Key Financial Inc grew its position in Invesco DB Agriculture Fund by 54.3% during the second quarter. Key Financial Inc now owns 2,755 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 969 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco DB Agriculture Fund during the 2nd quarter worth approximately $132,000. Sender Co & Partners Inc. bought a new position in Invesco DB Agriculture Fund in the second quarter valued at approximately $202,000. IHT Wealth Management LLC bought a new stake in Invesco DB Agriculture Fund during the third quarter worth $204,000. Finally, Wedbush Securities Inc. acquired a new stake in shares of Invesco DB Agriculture Fund in the 2nd quarter valued at $235,000.

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.