Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Crosses Below 200 Day Moving Average of $26.59

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.59 and traded as low as $25.13. Invesco DB US Dollar Index Bullish Fund shares last traded at $25.28, with a volume of 1,741,853 shares.

The company has a 50 day moving average price of $26.04 and a 200 day moving average price of $26.59.

Several hedge funds and other institutional investors have recently modified their holdings of UUP. Sowell Financial Services LLC boosted its stake in Invesco DB US Dollar Index Bullish Fund by 1,357.0% in the 1st quarter. Sowell Financial Services LLC now owns 26,139 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 24,345 shares during the period. San Francisco Sentry Investment Group CA bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 1st quarter valued at $63,000. Financial Advocates Investment Management bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 1st quarter valued at $220,000. Integrated Wealth Concepts LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 2nd quarter valued at $226,000. Finally, JPMorgan Chase & Co. boosted its stake in Invesco DB US Dollar Index Bullish Fund by 3,194.8% in the 1st quarter. JPMorgan Chase & Co. now owns 9,456 shares of the exchange traded fund’s stock valued at $254,000 after purchasing an additional 9,169 shares during the period.

About Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time.

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