Invesco DB Agriculture Fund (NYSEARCA:DBA) Sets New 52-Week High – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBAGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $28.14 and last traded at $28.14, with a volume of 221151 shares. The stock had previously closed at $27.97.

Invesco DB Agriculture Fund Stock Down 0.1 %

The firm’s 50-day simple moving average is $27.14 and its 200 day simple moving average is $25.93. The stock has a market capitalization of $914.12 million, a P/E ratio of 10.07 and a beta of 0.15.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

A number of large investors have recently made changes to their positions in DBA. Providence First Trust Co bought a new position in Invesco DB Agriculture Fund in the fourth quarter worth $35,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Invesco DB Agriculture Fund during the fourth quarter valued at $65,000. HM Payson & Co. bought a new position in shares of Invesco DB Agriculture Fund during the fourth quarter valued at $72,000. WestEnd Advisors LLC bought a new position in shares of Invesco DB Agriculture Fund during the fourth quarter valued at $108,000. Finally, Comerica Bank lifted its holdings in shares of Invesco DB Agriculture Fund by 1,072.7% during the fourth quarter. Comerica Bank now owns 5,547 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 5,074 shares during the period.

About Invesco DB Agriculture Fund

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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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