Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Sets New 12-Month Low at $21.50

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) reached a new 52-week low on Wednesday . The company traded as low as $21.50 and last traded at $21.51, with a volume of 456032 shares trading hands. The stock had previously closed at $21.67.

Invesco DB Commodity Index Tracking Fund Price Performance

The business has a 50-day simple moving average of $22.52 and a two-hundred day simple moving average of $22.88.

Institutional Trading of Invesco DB Commodity Index Tracking Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in DBC. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Invesco DB Commodity Index Tracking Fund during the 2nd quarter worth $36,000. Private Ocean LLC acquired a new position in shares of Invesco DB Commodity Index Tracking Fund during the first quarter valued at $39,000. Principal Securities Inc. bought a new position in Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at about $121,000. Independent Advisor Alliance acquired a new stake in Invesco DB Commodity Index Tracking Fund in the fourth quarter worth about $243,000. Finally, Wealthcare Advisory Partners LLC raised its holdings in Invesco DB Commodity Index Tracking Fund by 13.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 11,502 shares of the company’s stock worth $254,000 after purchasing an additional 1,384 shares during the last quarter. 48.28% of the stock is currently owned by institutional investors and hedge funds.

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.