Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Volume Increase – Time to Buy?

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares saw strong trading volume on Friday . 3,619,502 shares traded hands during mid-day trading, an increase of 195% from the previous session’s volume of 1,226,196 shares.The stock last traded at $26.4050 and had previously closed at $26.69.

Invesco DB Agriculture Fund Stock Down 1.1%

The business has a fifty day simple moving average of $27.46 and a 200 day simple moving average of $26.55. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Advyzon Investment Management LLC lifted its holdings in Invesco DB Agriculture Fund by 6.2% in the third quarter. Advyzon Investment Management LLC now owns 8,947 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 523 shares during the period. M Holdings Securities Inc. lifted its holdings in Invesco DB Agriculture Fund by 3.8% in the fourth quarter. M Holdings Securities Inc. now owns 17,244 shares of the exchange traded fund’s stock valued at $440,000 after acquiring an additional 627 shares during the period. Sound Income Strategies LLC lifted its holdings in Invesco DB Agriculture Fund by 24.4% in the fourth quarter. Sound Income Strategies LLC now owns 3,339 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 655 shares during the period. Camelot Technology Advisors Inc. lifted its holdings in Invesco DB Agriculture Fund by 2.6% in the fourth quarter. Camelot Technology Advisors Inc. now owns 25,940 shares of the exchange traded fund’s stock valued at $662,000 after acquiring an additional 666 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in Invesco DB Agriculture Fund by 10.2% in the fourth quarter. Global Retirement Partners LLC now owns 8,241 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 765 shares during the period. Institutional investors and hedge funds own 38.63% of the company’s stock.

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. The proceeds from the offering of Shares are invested in the Master Fund.