Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.17 and traded as low as $28.97. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.99, with a volume of 1,099,285 shares changing hands.

Invesco DB US Dollar Index Bullish Fund Stock Performance

The business has a 50 day simple moving average of $29.47 and a 200-day simple moving average of $29.17.

Hedge Funds Weigh In On Invesco DB US Dollar Index Bullish Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Financial Network Inc. boosted its stake in shares of Invesco DB US Dollar Index Bullish Fund by 2.8% during the 3rd quarter. Focus Financial Network Inc. now owns 12,593 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 345 shares in the last quarter. Retirement Financial Solutions LLC boosted its stake in shares of Invesco DB US Dollar Index Bullish Fund by 1.4% during the 3rd quarter. Retirement Financial Solutions LLC now owns 42,340 shares of the exchange traded fund’s stock worth $1,193,000 after acquiring an additional 578 shares in the last quarter. Chapman Financial Group LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth $52,000. GeoWealth Management LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth $84,000. Finally, Private Trust Co. NA boosted its stake in shares of Invesco DB US Dollar Index Bullish Fund by 116.6% during the 4th quarter. Private Trust Co. NA now owns 7,025 shares of the exchange traded fund’s stock worth $207,000 after acquiring an additional 3,782 shares in the last quarter.

Invesco DB US Dollar Index Bullish Fund Company Profile

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time.