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

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares saw an uptick in trading volume on Thursday. 1,637,999 shares were traded during mid-day trading, an increase of 40% from the previous session’s volume of 1,170,395 shares. The stock last traded at $27.9250 and had previously closed at $28.12.

Invesco DB Agriculture Fund Price Performance

The stock has a fifty day moving average price of $28.53 and a two-hundred day moving average price of $27.79. The company has a market cap of $1.21 billion, a P/E ratio of 11.32 and a beta of 0.12.

Institutional Trading of Invesco DB Agriculture Fund

Large investors have recently added to or reduced their stakes in the business. Fifth Third Securities Inc. boosted its position in Invesco DB Agriculture Fund by 10.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 24,429 shares of the exchange traded fund’s stock worth $687,000 after acquiring an additional 2,344 shares during the period. Capstone Capital Management Ltd acquired a new position in shares of Invesco DB Agriculture Fund during the third quarter valued at $980,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Invesco DB Agriculture Fund during the third quarter valued at $2,051,000. Avidian Wealth Enterprises LLC bought a new stake in shares of Invesco DB Agriculture Fund during the third quarter valued at about $214,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of Invesco DB Agriculture Fund by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 26,168 shares of the exchange traded fund’s stock valued at $698,000 after purchasing an additional 1,311 shares in the last quarter. 38.63% of the stock is currently owned by institutional investors and hedge funds.

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.