Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Rating) shares saw an uptick in trading volume on Friday . 165,464 shares changed hands during trading, a decline of 97% from the previous session’s volume of 5,484,749 shares.The stock last traded at $26.80 and had previously closed at $26.64.
The stock has a 50-day simple moving average of $28.38 and a 200-day simple moving average of $25.50.
Several hedge funds and other institutional investors have recently made changes to their positions in DBC. JPMorgan Chase & Co. lifted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 3,225.6% during the fourth quarter. JPMorgan Chase & Co. now owns 5,410,078 shares of the company’s stock valued at $112,421,000 after purchasing an additional 5,247,398 shares during the last quarter. SG Americas Securities LLC increased its position in Invesco DB Commodity Index Tracking Fund by 1,824.8% in the 4th quarter. SG Americas Securities LLC now owns 1,442,330 shares of the company’s stock worth $29,972,000 after purchasing an additional 1,367,397 shares during the last quarter. UBS Group AG increased its position in Invesco DB Commodity Index Tracking Fund by 362.7% in the 1st quarter. UBS Group AG now owns 1,441,331 shares of the company’s stock worth $37,561,000 after purchasing an additional 1,129,831 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Invesco DB Commodity Index Tracking Fund by 186.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,349,507 shares of the company’s stock worth $35,168,000 after purchasing an additional 878,213 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Invesco DB Commodity Index Tracking Fund by 2,997.4% during the 1st quarter. Citigroup Inc. now owns 805,330 shares of the company’s stock valued at $20,987,000 after acquiring an additional 779,330 shares during the last quarter. 39.23% of the stock is owned by institutional investors and hedge funds.
About Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)
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.
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