Invesco DB Energy Fund (NYSEARCA:DBE) Stock Price Crosses Above Two Hundred Day Moving Average of $14.29

Shares of Invesco DB Energy Fund (NYSEARCA:DBE) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.29 and traded as high as $13.47. Invesco DB Energy Fund shares last traded at $13.45, with a volume of 250 shares trading hands.

The firm has a 50 day moving average of $13.44 and a 200-day moving average of $14.29.

Hedge funds have recently modified their holdings of the stock. Assetmark Inc. lifted its stake in Invesco DB Energy Fund by 23.9% during the second quarter. Assetmark Inc. now owns 25,161 shares of the exchange traded fund’s stock worth $357,000 after purchasing an additional 4,857 shares during the last quarter. Picton Mahoney Asset Management lifted its stake in Invesco DB Energy Fund by 152.2% during the second quarter. Picton Mahoney Asset Management now owns 46,330 shares of the exchange traded fund’s stock worth $657,000 after purchasing an additional 27,960 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco DB Energy Fund during the second quarter worth $2,834,000. Finally, Susquehanna International Group LLP lifted its stake in Invesco DB Energy Fund by 7.9% during the second quarter. Susquehanna International Group LLP now owns 217,759 shares of the exchange traded fund’s stock worth $3,086,000 after purchasing an additional 15,927 shares during the last quarter.

Invesco DB Energy Fund Company Profile (NYSEARCA:DBE)

PowerShares DB Energy Fund (the Fund) is based on the Deutsche Bank Liquid Commodity Index – Optimum Yield Energy Excess Return (the Index). The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world-light sweet crude oil (WTI), heating oil, brent crude oil, reformulated blendstock for oxygenate blending (RBOB) gasoline and natural gas.

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