Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Pass Above 200-Day Moving Average – Should You Sell?

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUPGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.03 and traded as high as $29.66. Invesco DB US Dollar Index Bullish Fund shares last traded at $29.61, with a volume of 2,158,497 shares traded.

Invesco DB US Dollar Index Bullish Fund Stock Performance

The business’s 50-day simple moving average is $29.81 and its 200-day simple moving average is $29.03.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Hedge funds have recently modified their holdings of the stock. Raffles Associates LP acquired a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 3rd quarter valued at about $1,127,000. Flow Traders U.S. LLC raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 505.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 74,410 shares of the exchange traded fund’s stock valued at $2,097,000 after buying an additional 62,124 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the third quarter valued at approximately $3,627,000. Retirement Financial Solutions LLC increased its holdings in Invesco DB US Dollar Index Bullish Fund by 1.4% during the 3rd quarter. Retirement Financial Solutions LLC now owns 42,340 shares of the exchange traded fund’s stock worth $1,193,000 after purchasing an additional 578 shares during the period. Finally, Focus Financial Network Inc. increased its position in Invesco DB US Dollar Index Bullish Fund by 2.8% in the 3rd quarter. Focus Financial Network Inc. now owns 12,593 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 345 shares during the period.

About Invesco DB US Dollar Index Bullish Fund

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Invesco DB US Dollar Index Bullish Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB US Dollar Index Bullish Fund and related companies with MarketBeat.com's FREE daily email newsletter.