Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Trading 0.8% Higher – Still a Buy?

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)’s share price shot up 0.8% on Monday . The stock traded as high as $22.19 and last traded at $22.14. 1,027,061 shares traded hands during trading, an increase of 21% from the average session volume of 846,593 shares. The stock had previously closed at $21.97.

Invesco DB Commodity Index Tracking Fund Stock Up 0.8 %

The company has a fifty day moving average of $21.94 and a two-hundred day moving average of $22.17.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

A number of large investors have recently bought and sold shares of the business. Fiduciary Advisors Inc. acquired a new position in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at $29,000. Narus Financial Partners LLC bought a new position in shares of Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at about $209,000. Natixis Advisors LLC acquired a new position in Invesco DB Commodity Index Tracking Fund in the third quarter valued at about $228,000. Innova Wealth Partners bought a new position in Invesco DB Commodity Index Tracking Fund during the 4th quarter worth approximately $260,000. Finally, Clientfirst Wealth Management LLC bought a new stake in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter worth about $273,000. 48.28% of the stock is currently owned by institutional investors.

About Invesco DB Commodity Index Tracking Fund

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.