Investors Buy High Volume of Put Options on Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP)

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of unusually large options trading activity on Wednesday. Investors bought 8,606 put options on the stock. This is an increase of approximately 189% compared to the average daily volume of 2,978 put options.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Institutional investors have recently bought and sold shares of the business. Chapman Financial Group LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at about $52,000. GeoWealth Management LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at about $84,000. Comerica Bank bought a new stake in Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at about $192,000. Private Trust Co. NA boosted its holdings in Invesco DB US Dollar Index Bullish Fund by 116.6% in the 4th quarter. Private Trust Co. NA now owns 7,025 shares of the exchange traded fund’s stock valued at $207,000 after purchasing an additional 3,782 shares during the period. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at approximately $241,000.

Invesco DB US Dollar Index Bullish Fund Stock Down 0.1 %

Shares of UUP stock opened at $28.48 on Friday. Invesco DB US Dollar Index Bullish Fund has a 52 week low of $27.70 and a 52 week high of $30.69. The company has a 50-day simple moving average of $29.35 and a 200 day simple moving average of $29.19.

About Invesco DB US Dollar Index Bullish Fund

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.