Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Trading 0.4% Higher – What’s Next?

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s share price was up 0.4% during mid-day trading on Monday . The company traded as high as $22.24 and last traded at $22.20. Approximately 1,766,249 shares were traded during trading, an increase of 50% from the average daily volume of 1,176,115 shares. The stock had previously closed at $22.12.

Invesco DB Commodity Index Tracking Fund Price Performance

The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 5.35 and a beta of 0.38. The business’s 50 day moving average price is $22.22 and its 200-day moving average price is $22.19.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at about $320,000. Copia Wealth Management purchased a new position in Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at about $535,000. Ameriflex Group Inc. acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter valued at approximately $38,000. Toronto Dominion Bank purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter worth approximately $448,000. Finally, CSS LLC IL grew its holdings in shares of Invesco DB Commodity Index Tracking Fund by 116.5% in the 4th quarter. CSS LLC IL now owns 106,322 shares of the company’s stock worth $2,273,000 after acquiring an additional 57,222 shares during the period. 48.28% of the stock is owned by hedge funds and other institutional investors.

Invesco DB Commodity Index Tracking Fund Company Profile

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world.