Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Crosses Above 200-Day Moving Average of $16.07

Invesco DB Agriculture Fund (NYSEARCA:DBA)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.07 and traded as high as $15.91. Invesco DB Agriculture Fund shares last traded at $15.90, with a volume of 192 shares changing hands.

The company has a 50 day moving average of $15.47 and a 200 day moving average of $16.07.

A number of institutional investors have recently added to or reduced their stakes in DBA. Flagship Harbor Advisors LLC increased its stake in Invesco DB Agriculture Fund by 55.9% in the second quarter. Flagship Harbor Advisors LLC now owns 8,369 shares of the exchange traded fund’s stock valued at $138,000 after purchasing an additional 3,000 shares during the last quarter. Westside Investment Management Inc. acquired a new position in Invesco DB Agriculture Fund in the second quarter valued at $304,000. MD Financial Management Inc. acquired a new position in Invesco DB Agriculture Fund in the second quarter valued at $3,129,000. Picton Mahoney Asset Management increased its stake in Invesco DB Agriculture Fund by 25.8% in the second quarter. Picton Mahoney Asset Management now owns 5,850 shares of the exchange traded fund’s stock valued at $97,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Atria Investments LLC acquired a new position in Invesco DB Agriculture Fund in the second quarter valued at $739,000.

About Invesco DB Agriculture Fund (NYSEARCA:DBA)

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.

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