Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Hits New 1-Year High at $28.13

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Shares of Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUPGet Rating) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $28.13 and last traded at $28.13, with a volume of 48957 shares changing hands. The stock had previously closed at $28.10.

The company’s fifty day moving average price is $27.33 and its 200-day moving average price is $26.40.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Advisor Networks LLC purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the 3rd quarter valued at $1,287,000. Cetera Advisors LLC grew its position in shares of Invesco DB US Dollar Index Bullish Fund by 4.6% during the 3rd quarter. Cetera Advisors LLC now owns 9,137 shares of the exchange traded fund’s stock valued at $231,000 after acquiring an additional 400 shares during the period. Koshinski Asset Management Inc. bought a new position in Invesco DB US Dollar Index Bullish Fund in the 4th quarter worth $154,000. Stratos Wealth Advisors LLC bought a new position in Invesco DB US Dollar Index Bullish Fund in the 4th quarter worth $1,498,000. Finally, Kovack Advisors Inc. boosted its holdings in Invesco DB US Dollar Index Bullish Fund by 6.5% in the 4th quarter. Kovack Advisors Inc. now owns 9,726 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 592 shares during the period.

About Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)

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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