Shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Get Free Report) traded down 0.3% during mid-day trading on Friday . The company traded as low as $17.88 and last traded at $17.93. 113,530 shares changed hands during trading, an increase of 184% from the average session volume of 40,012 shares. The stock had previously closed at $17.98.
Invesco DB US Dollar Index Bearish Fund Trading Down 0.3 %
The stock has a 50 day moving average of $17.94 and a 200-day moving average of $18.13.
Institutional Trading of Invesco DB US Dollar Index Bearish Fund
Several institutional investors and hedge funds have recently made changes to their positions in the business. Fortis Group Advisors LLC purchased a new position in Invesco DB US Dollar Index Bearish Fund in the 3rd quarter worth about $225,000. Perigon Wealth Management LLC purchased a new position in shares of Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth approximately $784,000. Delos Wealth Advisors LLC purchased a new position in shares of Invesco DB US Dollar Index Bearish Fund during the first quarter worth approximately $1,135,000. Sowell Financial Services LLC raised its stake in shares of Invesco DB US Dollar Index Bearish Fund by 3.7% during the fourth quarter. Sowell Financial Services LLC now owns 76,033 shares of the company’s stock valued at $1,401,000 after acquiring an additional 2,690 shares in the last quarter. Finally, Northeast Financial Group Inc. boosted its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 28.7% in the fourth quarter. Northeast Financial Group Inc. now owns 84,612 shares of the company’s stock valued at $1,559,000 after purchasing an additional 18,883 shares during the period.
About Invesco DB US Dollar Index Bearish Fund
PowerShares DB US Dollar Index Bearish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund’s subsidiary is DB US Dollar Index Bearish Master Fund (the Master Fund), which is a separate series of DB US Dollar Index Bearish Master Trust (the Master Trust).
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