Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report)’s share price reached a new 52-week high on Friday. The company traded as high as $33.78 and last traded at $33.7240, with a volume of 525,015 shares traded. The stock had previously closed at $33.30.
Invesco DB Commodity Index Tracking Fund Price Performance
The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 5.00 and a beta of 0.12. The company’s fifty day moving average price is $31.96 and its 200-day moving average price is $30.11.
Institutional Trading of Invesco DB Commodity Index Tracking Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc increased its holdings in Invesco DB Commodity Index Tracking Fund by 6.2% in the 3rd quarter. AdvisorNet Financial Inc now owns 12,462 shares of the company’s stock worth $415,000 after buying an additional 730 shares during the period. Sound Income Strategies LLC purchased a new position in shares of Invesco DB Commodity Index Tracking Fund during the third quarter worth $288,000. Farther Finance Advisors LLC raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 155.1% during the third quarter. Farther Finance Advisors LLC now owns 5,179 shares of the company’s stock worth $167,000 after purchasing an additional 3,149 shares during the last quarter. Avidian Wealth Enterprises LLC acquired a new position in Invesco DB Commodity Index Tracking Fund during the third quarter valued at $676,000. Finally, Integrated Wealth Concepts LLC lifted its position in Invesco DB Commodity Index Tracking Fund by 26.5% during the second quarter. Integrated Wealth Concepts LLC now owns 82,624 shares of the company’s stock valued at $2,203,000 after purchasing an additional 17,320 shares during the period. Institutional investors and hedge funds 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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