Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $29.77 and last traded at $29.72, with a volume of 138314 shares changing hands. The stock had previously closed at $29.51.
Invesco DB Commodity Index Tracking Fund Stock Up 1.3%
The company has a 50-day moving average of $27.45 and a 200-day moving average of $24.58. The company has a market cap of $1.72 billion, a PE ratio of 5.00 and a beta of 0.08.
Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund
Hedge funds have recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 555.6% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock valued at $27,000 after acquiring an additional 1,000 shares in the last quarter. Jessup Wealth Management Inc purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at about $28,000. Parkside Financial Bank & Trust purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at about $46,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at about $48,000. Finally, Caitlin John LLC purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the 3rd quarter valued at about $53,000. 48.28% of the stock is owned by hedge funds and other institutional investors.
About Invesco DB Commodity Index Tracking Fund
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. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people
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