Invesco DB Energy Fund (NYSEARCA:DBE) Shares Cross Above Two Hundred Day Moving Average of $14.29

Invesco DB Energy Fund (NYSEARCA:DBE) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.29 and traded as high as $13.47. Invesco DB Energy Fund shares last traded at $13.45, with a volume of 250 shares changing hands.

The stock has a fifty day moving average of $13.44 and a two-hundred day moving average of $14.29.

A number of institutional investors have recently modified their holdings of the business. Susquehanna International Group LLP grew its holdings in Invesco DB Energy Fund by 7.9% during the 2nd quarter. Susquehanna International Group LLP now owns 217,759 shares of the exchange traded fund’s stock worth $3,086,000 after acquiring an additional 15,927 shares during the period. Jane Street Group LLC acquired a new stake in Invesco DB Energy Fund during the 2nd quarter worth about $2,834,000. Picton Mahoney Asset Management grew its holdings in Invesco DB Energy Fund by 152.2% during the 2nd quarter. Picton Mahoney Asset Management now owns 46,330 shares of the exchange traded fund’s stock worth $657,000 after acquiring an additional 27,960 shares during the period. Finally, Assetmark Inc. grew its holdings in Invesco DB Energy Fund by 23.9% during the 2nd quarter. Assetmark Inc. now owns 25,161 shares of the exchange traded fund’s stock worth $357,000 after acquiring an additional 4,857 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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