Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Shares Up 0.8% – Should You Buy?

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s stock price rose 0.8% on Monday . The company traded as high as $22.19 and last traded at $22.14. Approximately 1,027,061 shares changed hands during trading, an increase of 21% from the average daily volume of 846,593 shares. The stock had previously closed at $21.97.

Invesco DB Commodity Index Tracking Fund Trading Down 0.6 %

The firm’s fifty day simple moving average is $21.94 and its 200-day simple moving average is $22.17.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

Several hedge funds and other institutional investors have recently modified their holdings of DBC. Main Street Financial Solutions LLC increased its position in shares of Invesco DB Commodity Index Tracking Fund by 6.0% during the third quarter. Main Street Financial Solutions LLC now owns 35,167 shares of the company’s stock valued at $783,000 after acquiring an additional 2,000 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in Invesco DB Commodity Index Tracking Fund by 6.2% during the third quarter. Oppenheimer & Co. Inc. now owns 12,956 shares of the company’s stock worth $289,000 after buying an additional 752 shares during the last quarter. Sigma Planning Corp raised its position in Invesco DB Commodity Index Tracking Fund by 10.2% in the third quarter. Sigma Planning Corp now owns 42,128 shares of the company’s stock worth $938,000 after acquiring an additional 3,900 shares during the period. Atria Investments Inc raised its position in Invesco DB Commodity Index Tracking Fund by 3.3% in the third quarter. Atria Investments Inc now owns 55,684 shares of the company’s stock worth $1,240,000 after acquiring an additional 1,799 shares during the period. Finally, BKM Wealth Management LLC grew its position in shares of Invesco DB Commodity Index Tracking Fund by 5.2% during the 3rd quarter. BKM Wealth Management LLC now owns 60,530 shares of the company’s stock valued at $1,348,000 after acquiring an additional 3,014 shares during the period. 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.