Invesco DB Agriculture Fund (NYSEARCA:DBA) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Invesco DB Agriculture Fund (NYSEARCA:DBA) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $26.45 and traded as high as $26.80. Invesco DB Agriculture Fund shares last traded at $26.68, with a volume of 345,114 shares.

Invesco DB Agriculture Fund Stock Down 0.7 %

The firm has a market cap of $826.33 million, a P/E ratio of 11.18 and a beta of 0.26. The business’s 50 day moving average is $27.17 and its two-hundred day moving average is $26.47.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Accredited Wealth Management LLC acquired a new stake in Invesco DB Agriculture Fund in the fourth quarter worth $29,000. Providence First Trust Co bought a new position in Invesco DB Agriculture Fund in the fourth quarter worth approximately $35,000. Vermillion Wealth Management Inc. acquired a new stake in Invesco DB Agriculture Fund in the fourth quarter valued at approximately $55,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Invesco DB Agriculture Fund during the fourth quarter valued at approximately $65,000. Finally, HM Payson & Co. bought a new position in shares of Invesco DB Agriculture Fund in the 4th quarter worth $72,000.

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.