Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Stock Price Up 1.2%

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s share price rose 1.2% during mid-day trading on Friday . The stock traded as high as $22.98 and last traded at $22.97. Approximately 3,686,423 shares traded hands during mid-day trading, an increase of 226% from the average daily volume of 1,129,100 shares. The stock had previously closed at $22.70.

Invesco DB Commodity Index Tracking Fund Price Performance

The firm’s 50-day simple moving average is $22.31 and its 200-day simple moving average is $23.29.

Institutional Trading of Invesco DB Commodity Index Tracking Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC purchased a new position in Invesco DB Commodity Index Tracking Fund during the third quarter valued at $27,000. Sound Income Strategies LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at about $42,000. Money Concepts Capital Corp raised its position in shares of Invesco DB Commodity Index Tracking Fund by 191.4% in the fourth quarter. Money Concepts Capital Corp now owns 2,623 shares of the company’s stock valued at $65,000 after buying an additional 1,723 shares during the last quarter. Clearstead Advisors LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund in the third quarter valued at about $70,000. Finally, Global Retirement Partners LLC raised its position in shares of Invesco DB Commodity Index Tracking Fund by 135.4% in the fourth quarter. Global Retirement Partners LLC now owns 3,527 shares of the company’s stock valued at $77,000 after buying an additional 2,029 shares during the last quarter. 48.28% of the stock is owned by hedge funds and other institutional investors.

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.