Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Hits New 1-Year High at $29.69

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUPGet Rating)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $29.69 and last traded at $29.69, with a volume of 605 shares changing hands. The stock had previously closed at $29.52.

Invesco DB US Dollar Index Bullish Fund Price Performance

The business has a 50-day simple moving average of $28.88 and a 200-day simple moving average of $27.86.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bullish Fund

A number of hedge funds have recently bought and sold shares of UUP. Danda Trouve Investment Management Inc. raised its position in shares of Invesco DB US Dollar Index Bullish Fund by 32.2% during the 1st quarter. Danda Trouve Investment Management Inc. now owns 12,490 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 3,040 shares in the last quarter. Koshinski Asset Management Inc. raised its position in shares of Invesco DB US Dollar Index Bullish Fund by 87.0% during the 1st quarter. Koshinski Asset Management Inc. now owns 11,218 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 5,218 shares in the last quarter. Lake Hills Wealth Management LLC acquired a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 1st quarter worth about $15,345,000. Empowered Funds LLC acquired a new position in Invesco DB US Dollar Index Bullish Fund during the first quarter worth approximately $9,744,000. Finally, PFG Advisors acquired a new position in Invesco DB US Dollar Index Bullish Fund during the first quarter worth approximately $463,000.

About Invesco DB US Dollar Index Bullish Fund

(Get Rating)

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.

Featured Stories

Receive News & Ratings for Invesco DB US Dollar Index Bullish Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB US Dollar Index Bullish Fund and related companies with MarketBeat.com's FREE daily email newsletter.