Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Shares Cross Below 200 Day Moving Average of $28.64

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUPGet Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $28.64 and traded as low as $28.30. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.37, with a volume of 392,037 shares.

Invesco DB US Dollar Index Bullish Fund Stock Performance

The company has a 50-day moving average of $28.00 and a 200 day moving average of $28.64.

Institutional Trading of 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 business. Fortis Group Advisors LLC boosted its position in Invesco DB US Dollar Index Bullish Fund by 231.1% during the 3rd quarter. Fortis Group Advisors LLC now owns 850,844 shares of the exchange traded fund’s stock valued at $23,722,000 after acquiring an additional 593,893 shares in the last quarter. Price Capital Management Inc. purchased a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 3rd quarter valued at approximately $11,873,000. Exchange Traded Concepts LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at approximately $8,742,000. JPMorgan Chase & Co. grew its stake in Invesco DB US Dollar Index Bullish Fund by 387.7% in the third quarter. JPMorgan Chase & Co. now owns 326,990 shares of the exchange traded fund’s stock worth $9,721,000 after purchasing an additional 259,942 shares during the period. Finally, AE Wealth Management LLC raised its holdings in Invesco DB US Dollar Index Bullish Fund by 393.9% in the third quarter. AE Wealth Management LLC now owns 271,413 shares of the exchange traded fund’s stock worth $8,069,000 after purchasing an additional 216,456 shares in the last quarter.

Invesco DB US Dollar Index Bullish Fund Company Profile

(Get Free Report)

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.

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