Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares saw unusually-strong trading volume on Tuesday . Approximately 756,612 shares traded hands during mid-day trading, a decline of 35% from the previous session’s volume of 1,161,966 shares.The stock last traded at $29.4350 and had previously closed at $29.32.

Invesco DB Agriculture Fund Stock Up 0.6%

The business has a fifty day moving average of $27.73 and a 200 day moving average of $27.23. The firm has a market cap of $1.27 billion, a P/E ratio of 11.32 and a beta of 0.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its stake in Invesco DB Agriculture Fund by 513.6% in the 1st quarter. Jane Street Group LLC now owns 137,350 shares of the exchange traded fund’s stock valued at $3,618,000 after acquiring an additional 114,965 shares during the period. Creative Planning boosted its position in Invesco DB Agriculture Fund by 28.2% during the second quarter. Creative Planning now owns 11,804 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 2,600 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Invesco DB Agriculture Fund by 5.4% in the second quarter. Daiwa Securities Group Inc. now owns 151,500 shares of the exchange traded fund’s stock valued at $3,962,000 after purchasing an additional 7,800 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Invesco DB Agriculture Fund by 48.5% in the second quarter. The Manufacturers Life Insurance Company now owns 87,229 shares of the exchange traded fund’s stock valued at $2,281,000 after purchasing an additional 28,505 shares during the last quarter. Finally, Main Street Financial Solutions LLC bought a new position in shares of Invesco DB Agriculture Fund in the second quarter valued at about $427,000. 38.63% of the stock is currently owned by institutional investors.

About Invesco DB Agriculture Fund

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.