Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Volume Increase – Here’s Why

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares saw an uptick in trading volume on Monday . Approximately 1,076,500 shares changed hands during mid-day trading, a decline of 11% from the previous session’s volume of 1,209,244 shares.The stock last traded at $26.7450 and had previously closed at $26.63.

Invesco DB Agriculture Fund Trading Up 0.2%

The firm has a 50 day moving average of $27.33 and a two-hundred day moving average of $26.57. The stock has a market capitalization of $1.19 billion, a PE ratio of 11.32 and a beta of 0.11.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DBA. Westside Investment Management Inc. lifted its stake in shares of Invesco DB Agriculture Fund by 42.9% during the fourth quarter. Westside Investment Management Inc. now owns 7,724 shares of the exchange traded fund’s stock valued at $197,000 after buying an additional 2,320 shares during the period. Sound Income Strategies LLC grew its stake in Invesco DB Agriculture Fund by 24.4% in the 4th quarter. Sound Income Strategies LLC now owns 3,339 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 655 shares during the period. Park Edge Advisors LLC grew its stake in Invesco DB Agriculture Fund by 11.5% in the 4th quarter. Park Edge Advisors LLC now owns 21,500 shares of the exchange traded fund’s stock worth $549,000 after acquiring an additional 2,209 shares during the period. Sharp Wealth Advisory LLC raised its holdings in Invesco DB Agriculture Fund by 7.2% in the 4th quarter. Sharp Wealth Advisory LLC now owns 17,050 shares of the exchange traded fund’s stock valued at $435,000 after acquiring an additional 1,150 shares during the last quarter. Finally, Savior LLC lifted its stake in shares of Invesco DB Agriculture Fund by 9.2% during the 4th quarter. Savior LLC now owns 75,579 shares of the exchange traded fund’s stock worth $1,929,000 after purchasing an additional 6,342 shares during the period. 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. The proceeds from the offering of Shares are invested in the Master Fund.