Invesco DB Energy Fund (NYSEARCA:DBE) Share Price Passes Above Two Hundred Day Moving Average of $13.95

Invesco DB Energy Fund (NYSEARCA:DBE)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.95 and traded as high as $14.21. Invesco DB Energy Fund shares last traded at $14.21, with a volume of 7,001 shares.

The business’s 50-day moving average is $13.72 and its 200 day moving average is $13.95.

A number of large investors have recently added to or reduced their stakes in DBE. Assetmark Inc. increased its holdings in Invesco DB Energy Fund by 23.9% in the 2nd quarter. Assetmark Inc. now owns 25,161 shares of the exchange traded fund’s stock valued at $357,000 after buying an additional 4,857 shares during the period. Envestnet Asset Management Inc. increased its holdings in Invesco DB Energy Fund by 5.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 42,374 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 2,031 shares during the period. Picton Mahoney Asset Management increased its holdings in Invesco DB Energy Fund by 152.2% in the 2nd quarter. Picton Mahoney Asset Management now owns 46,330 shares of the exchange traded fund’s stock valued at $657,000 after buying an additional 27,960 shares during the period. Jane Street Group LLC bought a new position in Invesco DB Energy Fund in the 2nd quarter valued at about $2,834,000. Finally, Susquehanna International Group LLP increased its holdings in Invesco DB Energy Fund by 7.9% in the 2nd quarter. Susquehanna International Group LLP now owns 217,759 shares of the exchange traded fund’s stock valued at $3,086,000 after buying an additional 15,927 shares during the period.

About Invesco DB Energy Fund (NYSEARCA:DBE)

PowerShares DB Energy Fund (the Fund) is based on the Deutsche Bank Liquid Commodity Index – Optimum Yield Energy Excess Return (the Index). The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world-light sweet crude oil (WTI), heating oil, brent crude oil, reformulated blendstock for oxygenate blending (RBOB) gasoline and natural gas.

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