Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $31.86 and last traded at $31.8150, with a volume of 972010 shares. The stock had previously closed at $31.30.
Invesco DB Commodity Index Tracking Fund Price Performance
The business has a 50-day simple moving average of $29.15 and a 200-day simple moving average of $28.77. The company has a market cap of $1.89 billion, a PE ratio of 5.00 and a beta of 0.09.
Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jessup Wealth Management Inc purchased a new position in Invesco DB Commodity Index Tracking Fund during the fourth quarter valued at $28,000. Parkside Financial Bank & Trust purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund during the fourth quarter worth about $46,000. International Assets Investment Management LLC acquired a new position in shares of Invesco DB Commodity Index Tracking Fund during the 4th quarter worth about $48,000. Covestor Ltd lifted its stake in Invesco DB Commodity Index Tracking Fund by 110.6% in the 4th quarter. Covestor Ltd now owns 2,631 shares of the company’s stock valued at $59,000 after buying an additional 1,382 shares in the last quarter. Finally, Summer Road LLC purchased a new position in Invesco DB Commodity Index Tracking Fund in the 1st quarter valued at about $79,000. Hedge funds and other institutional investors own 48.28% of the company’s stock.
Invesco DB Commodity Index Tracking Fund Company Profile
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. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people
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