Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading Up 0.4%

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) was up 0.4% during mid-day trading on Friday . The company traded as high as $17.97 and last traded at $17.94. Approximately 18,267 shares were traded during trading, a decline of 56% from the average daily volume of 41,088 shares. The stock had previously closed at $17.87.

Invesco DB US Dollar Index Bearish Fund Trading Up 0.4 %

The stock’s 50-day simple moving average is $17.98 and its two-hundred day simple moving average is $18.26.

Hedge Funds Weigh In On Invesco DB US Dollar Index Bearish Fund

A number of large investors have recently added to or reduced their stakes in the stock. Fortis Group Advisors LLC acquired a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the third quarter valued at about $225,000. HAP Trading LLC raised its position in shares of Invesco DB US Dollar Index Bearish Fund by 3.5% in the third quarter. HAP Trading LLC now owns 23,800 shares of the company’s stock valued at $437,000 after buying an additional 800 shares during the last quarter. Perigon Wealth Management LLC acquired a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the fourth quarter valued at about $784,000. Sowell Financial Services LLC raised its position in shares of Invesco DB US Dollar Index Bearish Fund by 4.1% in the third quarter. Sowell Financial Services LLC now owns 73,343 shares of the company’s stock valued at $1,347,000 after buying an additional 2,882 shares during the last quarter. Finally, Northeast Financial Group Inc. raised its position 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 buying an additional 18,883 shares during the last quarter.

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).