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

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.59 and traded as high as $26.67. Invesco DB Agriculture Fund shares last traded at $26.64, with a volume of 326,947 shares changing hands.

Invesco DB Agriculture Fund Price Performance

The stock has a market cap of $770.41 million, a P/E ratio of 11.32 and a beta of 0.21. The firm’s fifty day moving average price is $26.42 and its two-hundred day moving average price is $26.58.

Institutional Trading of Invesco DB Agriculture Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. 1832 Asset Management L.P. grew its position in Invesco DB Agriculture Fund by 8.5% in the second quarter. 1832 Asset Management L.P. now owns 555,547 shares of the exchange traded fund’s stock worth $14,528,000 after acquiring an additional 43,319 shares in the last quarter. HighTower Advisors LLC lifted its stake in Invesco DB Agriculture Fund by 0.3% during the third quarter. HighTower Advisors LLC now owns 472,601 shares of the exchange traded fund’s stock worth $12,647,000 after purchasing an additional 1,469 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Invesco DB Agriculture Fund by 3.6% during the first quarter. Kestra Advisory Services LLC now owns 435,230 shares of the exchange traded fund’s stock worth $11,464,000 after purchasing an additional 15,273 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of Invesco DB Agriculture Fund in the 2nd quarter worth about $5,671,000. Finally, Perigon Wealth Management LLC increased its position in shares of Invesco DB Agriculture Fund by 408.9% during the 2nd quarter. Perigon Wealth Management LLC now owns 171,255 shares of the exchange traded fund’s stock valued at $4,478,000 after purchasing an additional 137,603 shares during the last quarter. Hedge funds and other 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.