Shares of Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) shot up 0.8% during trading on Monday . The company traded as high as $29.58 and last traded at $29.47. 654,186 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 1,343,610 shares. The stock had previously closed at $29.23.
Invesco DB Commodity Index Tracking Fund Stock Up 0.8%
The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 5.00 and a beta of 0.08. The business’s 50 day simple moving average is $29.90 and its 200 day simple moving average is $26.29.
Institutional Trading of Invesco DB Commodity Index Tracking Fund
Hedge funds have recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL lifted its stake in shares of Invesco DB Commodity Index Tracking Fund by 555.6% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock worth $27,000 after buying an additional 1,000 shares during the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter worth about $28,000. Parkside Financial Bank & Trust acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter worth about $46,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter worth about $48,000. Finally, Caitlin John LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the 3rd quarter worth about $53,000. Institutional investors and hedge funds own 48.28% of the company’s stock.
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. 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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