Shares of Invesco DB Silver Fund (NYSEARCA:DBS) were up 1.9% during mid-day trading on Friday . The stock traded as high as $25.41 and last traded at $25.41, approximately 1,100 shares traded hands during mid-day trading. A decline of 4% from the average daily volume of 1,141 shares. The stock had previously closed at $24.94.
The firm’s fifty day moving average is $23.81 and its 200-day moving average is $22.69.
A hedge fund recently raised its stake in Invesco DB Silver Fund stock. Jane Street Group LLC grew its stake in shares of Invesco DB Silver Fund (NYSEARCA:DBS) by 19.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,625 shares of the company’s stock after purchasing an additional 2,073 shares during the period. Jane Street Group LLC owned approximately 2.10% of Invesco DB Silver Fund worth $283,000 as of its most recent filing with the Securities and Exchange Commission.
PowerShares DB Silver Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund invests with a view to tracking the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Silver Index Excess Return (the Index) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.
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