Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.52 and traded as low as $28.42. Invesco DB US Dollar Index Bullish Fund shares last traded at $28.43, with a volume of 229,367 shares changing hands.
Invesco DB US Dollar Index Bullish Fund Stock Performance
The company’s 50 day simple moving average is $28.83 and its two-hundred day simple moving average is $28.52.
Institutional Trading of Invesco DB US Dollar Index Bullish Fund
Several hedge funds have recently added to or reduced their stakes in the company. New York Life Investment Management LLC increased its holdings in Invesco DB US Dollar Index Bullish Fund by 135.7% in the second quarter. New York Life Investment Management LLC now owns 1,630,386 shares of the exchange traded fund’s stock valued at $47,493,000 after buying an additional 938,762 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 64,998.6% in the 1st quarter. BNP Paribas Financial Markets now owns 408,819 shares of the exchange traded fund’s stock valued at $11,598,000 after acquiring an additional 408,191 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Invesco DB US Dollar Index Bullish Fund by 407.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 229,942 shares of the exchange traded fund’s stock worth $6,229,000 after acquiring an additional 184,600 shares in the last quarter. Fortis Group Advisors LLC lifted its stake in Invesco DB US Dollar Index Bullish Fund by 515.9% during the second quarter. Fortis Group Advisors LLC now owns 140,886 shares of the exchange traded fund’s stock worth $4,104,000 after purchasing an additional 118,012 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in Invesco DB US Dollar Index Bullish Fund by 54.9% in the second quarter. Commonwealth Equity Services LLC now owns 319,548 shares of the exchange traded fund’s stock valued at $9,308,000 after purchasing an additional 113,222 shares in the last quarter.
About Invesco DB US Dollar Index Bullish Fund
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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