Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Volume Increase

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw strong trading volume on Tuesday . 333,698 shares traded hands during trading, a decline of 38% from the previous session’s volume of 535,639 shares.The stock last traded at $25.79 and had previously closed at $26.19.

Invesco DB Agriculture Fund Stock Performance

The company’s 50 day moving average price is $23.75 and its 200-day moving average price is $22.35. The company has a market cap of $876.49 million, a PE ratio of 10.84 and a beta of 0.19.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Several large investors have recently modified their holdings of the stock. 1832 Asset Management L.P. raised its holdings in Invesco DB Agriculture Fund by 14.5% during the 4th quarter. 1832 Asset Management L.P. now owns 672,702 shares of the exchange traded fund’s stock valued at $13,952,000 after acquiring an additional 85,409 shares during the period. HighTower Advisors LLC raised its holdings in Invesco DB Agriculture Fund by 1.6% during the 3rd quarter. HighTower Advisors LLC now owns 509,739 shares of the exchange traded fund’s stock valued at $10,914,000 after acquiring an additional 8,054 shares during the period. Truist Financial Corp raised its holdings in Invesco DB Agriculture Fund by 4,267.5% during the 4th quarter. Truist Financial Corp now owns 437,059 shares of the exchange traded fund’s stock valued at $9,065,000 after acquiring an additional 427,052 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in Invesco DB Agriculture Fund by 39.4% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 336,653 shares of the exchange traded fund’s stock valued at $7,201,000 after acquiring an additional 95,140 shares during the period. Finally, Passaic Partners LLC raised its holdings in Invesco DB Agriculture Fund by 8.1% during the 4th quarter. Passaic Partners LLC now owns 292,104 shares of the exchange traded fund’s stock valued at $6,058,000 after acquiring an additional 21,766 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.