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

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.53 and traded as high as $26.94. Invesco DB Agriculture Fund shares last traded at $26.93, with a volume of 411,616 shares traded.

Invesco DB Agriculture Fund Price Performance

The firm’s 50 day moving average price is $27.15 and its two-hundred day moving average price is $26.53. The firm has a market cap of $839.08 million, a price-to-earnings ratio of 11.37 and a beta of 0.21.

Institutional Trading of Invesco DB Agriculture Fund

A number of institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in Invesco DB Agriculture Fund by 41.3% during the fourth quarter. Wells Fargo & Company MN now owns 878,043 shares of the exchange traded fund’s stock worth $23,347,000 after buying an additional 256,500 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco DB Agriculture Fund by 2.7% during the 4th quarter. Bank of America Corp DE now owns 749,413 shares of the exchange traded fund’s stock valued at $19,927,000 after acquiring an additional 19,422 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Invesco DB Agriculture Fund by 1.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 664,397 shares of the exchange traded fund’s stock worth $17,334,000 after acquiring an additional 10,344 shares during the period. HighTower Advisors LLC boosted its position in shares of Invesco DB Agriculture Fund by 18.2% in the fourth quarter. HighTower Advisors LLC now owns 439,716 shares of the exchange traded fund’s stock worth $11,692,000 after acquiring an additional 67,619 shares during the last quarter. Finally, Passaic Partners LLC grew its holdings in Invesco DB Agriculture Fund by 10.4% in the fourth quarter. Passaic Partners LLC now owns 252,603 shares of the exchange traded fund’s stock valued at $6,717,000 after purchasing an additional 23,808 shares during the period.

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.