Invesco DB Energy Fund (NYSEARCA:DBE) Shares Up 1%

Invesco DB Energy Fund (NYSEARCA:DBE) shot up 1% during trading on Friday . The stock traded as high as $13.46 and last traded at $13.51. 553 shares changed hands during trading, a decline of 100% from the average session volume of 119,498 shares. The stock had previously closed at $13.37.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN increased its stake in shares of Invesco DB Energy Fund by 186.7% in the first quarter. Wells Fargo & Company MN now owns 377,446 shares of the exchange traded fund’s stock valued at $5,546,000 after buying an additional 245,790 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Invesco DB Energy Fund by 5.7% in the first quarter. JPMorgan Chase & Co. now owns 65,858 shares of the exchange traded fund’s stock valued at $967,000 after buying an additional 3,525 shares during the period. Raymond James & Associates increased its stake in shares of Invesco DB Energy Fund by 26.3% in the first quarter. Raymond James & Associates now owns 63,130 shares of the exchange traded fund’s stock valued at $927,000 after buying an additional 13,156 shares during the period. Boston Advisors LLC increased its stake in shares of Invesco DB Energy Fund by 11.7% in the first quarter. Boston Advisors LLC now owns 42,758 shares of the exchange traded fund’s stock valued at $628,000 after buying an additional 4,490 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Invesco DB Energy Fund by 596.6% in the fourth quarter. Jane Street Group LLC now owns 105,268 shares of the exchange traded fund’s stock valued at $1,310,000 after buying an additional 90,156 shares during the period.

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Invesco DB Energy Fund Company Profile (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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