Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Trading 0.2% Higher – Time to Buy?

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) rose 0.2% during trading on Tuesday . The stock traded as high as $22.26 and last traded at $22.18. Approximately 864,169 shares changed hands during trading, a decline of 14% from the average daily volume of 1,000,533 shares. The stock had previously closed at $22.12.

Invesco DB Commodity Index Tracking Fund Trading Down 0.4 %

The company has a fifty day moving average price of $22.47 and a 200 day moving average price of $22.55.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Natixis Advisors LLC bought a new stake in Invesco DB Commodity Index Tracking Fund during the third quarter worth $228,000. Oppenheimer & Co. Inc. grew its holdings in Invesco DB Commodity Index Tracking Fund by 6.2% during the third quarter. Oppenheimer & Co. Inc. now owns 12,956 shares of the company’s stock worth $289,000 after buying an additional 752 shares in the last quarter. Regal Investment Advisors LLC bought a new stake in Invesco DB Commodity Index Tracking Fund during the second quarter worth $332,000. Sonoma Private Wealth LLC grew its holdings in Invesco DB Commodity Index Tracking Fund by 4.5% during the third quarter. Sonoma Private Wealth LLC now owns 14,802 shares of the company’s stock worth $330,000 after buying an additional 640 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Invesco DB Commodity Index Tracking Fund by 10.0% during the second quarter. International Assets Investment Management LLC now owns 15,189 shares of the company’s stock worth $353,000 after buying an additional 1,382 shares in the last quarter. Institutional investors own 48.28% of the company’s stock.

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.