Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $23.38 and last traded at $23.3850, with a volume of 42073 shares. The stock had previously closed at $23.19.
Invesco DB Commodity Index Tracking Fund Stock Up 1.1%
The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 5.00 and a beta of 0.24. The business’s 50-day moving average is $22.71 and its 200-day moving average is $22.31.
Institutional Trading of Invesco DB Commodity Index Tracking Fund
A number of hedge funds have recently modified their holdings of DBC. Strategic Investment Solutions Inc. IL grew its position in Invesco DB Commodity Index Tracking Fund by 555.6% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock worth $27,000 after purchasing an additional 1,000 shares during the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the second quarter valued at about $27,000. Caitlin John LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the third quarter worth about $53,000. eCIO Inc. purchased a new position in shares of Invesco DB Commodity Index Tracking Fund during the first quarter worth about $57,000. Finally, Greykasell Wealth Strategies Inc. purchased a new position in shares of Invesco DB Commodity Index Tracking Fund during the first quarter worth about $66,000. Hedge funds and other institutional investors own 48.28% of the company’s stock.
About Invesco DB Commodity Index Tracking Fund
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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