Invesco DB Base Metals Fund (NYSEARCA:DBB) Trading Up 0.2% – Here’s What Happened

Invesco DB Base Metals Fund (NYSEARCA:DBB)’s share price rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $19.17 and last traded at $19.13. Approximately 126,550 shares were traded during trading, an increase of 93% from the average daily volume of 65,443 shares. The stock had previously closed at $19.10.

Invesco DB Base Metals Fund Trading Up 0.2 %

The company has a market cap of $116.69 million, a price-to-earnings ratio of 3.42 and a beta of 0.57. The company’s 50 day moving average price is $19.05 and its 200 day moving average price is $19.75.

Institutional Trading of Invesco DB Base Metals Fund

Several hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC lifted its stake in shares of Invesco DB Base Metals Fund by 23.1% in the 4th quarter. CoreCap Advisors LLC now owns 2,845 shares of the company’s stock worth $54,000 after acquiring an additional 533 shares during the period. MML Investors Services LLC lifted its stake in shares of Invesco DB Base Metals Fund by 5.8% in the 3rd quarter. MML Investors Services LLC now owns 15,025 shares of the company’s stock worth $312,000 after acquiring an additional 825 shares during the period. HighTower Advisors LLC lifted its stake in shares of Invesco DB Base Metals Fund by 0.5% in the 3rd quarter. HighTower Advisors LLC now owns 189,712 shares of the company’s stock worth $3,944,000 after acquiring an additional 921 shares during the period. Camelot Technology Advisors Inc. lifted its stake in shares of Invesco DB Base Metals Fund by 3.5% in the 4th quarter. Camelot Technology Advisors Inc. now owns 36,313 shares of the company’s stock worth $685,000 after acquiring an additional 1,217 shares during the period. Finally, Ignite Planners LLC lifted its stake in shares of Invesco DB Base Metals Fund by 15.5% in the fourth quarter. Ignite Planners LLC now owns 12,187 shares of the company’s stock valued at $226,000 after purchasing an additional 1,639 shares during the period.

Invesco DB Base Metals Fund Company Profile

PowerShares DB Base Metals Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series. The Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Industrial Metals Index Excess Return (the Index) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.