Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Crosses Below 200-Day Moving Average – What’s Next?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $29.20 and traded as low as $28.41. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.41, with a volume of 765,347 shares changing hands.

Invesco DB US Dollar Index Bullish Fund Price Performance

The company’s 50-day moving average is $29.09 and its 200-day moving average is $29.20.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bullish Fund

Several large investors have recently made changes to their positions in UUP. LPL Financial LLC increased its stake in Invesco DB US Dollar Index Bullish Fund by 143.2% during the 4th quarter. LPL Financial LLC now owns 217,868 shares of the exchange traded fund’s stock worth $6,410,000 after buying an additional 128,279 shares during the period. Trek Financial LLC purchased a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth about $1,913,000. RWA Wealth Partners LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the fourth quarter worth about $1,000,000. Capasso Planning Partners LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund in the fourth quarter valued at about $688,000. Finally, Private Trust Co. NA raised its position in shares of Invesco DB US Dollar Index Bullish Fund by 116.6% in the 4th quarter. Private Trust Co. NA now owns 7,025 shares of the exchange traded fund’s stock valued at $207,000 after purchasing an additional 3,782 shares in the last quarter.

Invesco DB US Dollar Index Bullish Fund Company Profile

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.