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. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Fund. The Fund is managed by DB Commodity Services LLC. The Bank of New York Mellon acts as the administrator of the Fund.
Basic Details
Issuer Invesco
Fund NameInvesco DB US Dollar Index Bullish Fund
Tax ClassificationPartnership
SymbolNYSEARCA:UUP
Inception Date2/20/2007
Fund ManagerPeter Hubbard
Phone+1-212-2505883
Fund Focus
Asset ClassCurrency
BenchmarkDB Long US Dollar TR USD
CategoryBasket
FocusDeveloped Markets
Development LevelBlended Development
RegionGlobal Ex-U.S.
Fund Statistics
Assets Under Management$586.92 million
Average Daily Volume$668,178.00
Discount/Premium0.08%
ETF Expenses
Management Fee0.75%
Other Expenses0.04%
Total Expenses0.79%
Fee Waiver0.00%
Net Expenses0.79%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
Advisor
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeWilmington Trust Company
Lead Market MakerSusquehanna
Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Frequently Asked Questions
What is Invesco DB US Dollar Index Bullish Fund's stock symbol?
Invesco DB US Dollar Index Bullish Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "UUP."
Has Invesco DB US Dollar Index Bullish Fund been receiving favorable news coverage?
Headlines about UUP stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Invesco DB US Dollar Index Bullish Fund earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned press coverage about the exchange traded fund a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are Invesco DB US Dollar Index Bullish Fund's key executives?
Invesco DB US Dollar Index Bullish Fund's management team includes the folowing people:
- Martin Kremenstein, Chief Executive Officer, Chief Investment Officer, Managing Director and Member of the Board of Managers (Age 37)
- Michael Gilligan, Chief Financial Officer, Director and Member of the Board of Managers (Age 47)
- Alex Depetris, Chief Operating Officer, Director and Member of the Board of Managers (Age 34)
Who are Invesco DB US Dollar Index Bullish Fund's major shareholders?
Invesco DB US Dollar Index Bullish Fund's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (9.16%), Jefferies Group LLC (0.64%), Wells Fargo & Company MN (0.57%), Rampart Investment Management Company LLC (0.44%), Atria Investments LLC (0.32%) and Bank of New York Mellon Corp (0.27%).
Which major investors are selling Invesco DB US Dollar Index Bullish Fund stock?
UUP stock was sold by a variety of institutional investors in the last quarter, including Accuvest Global Advisors, Credit Suisse AG, Atria Investments LLC, LPL Financial LLC, Prime Capital Investment Advisors LLC and Cambridge Investment Research Advisors Inc..
Which major investors are buying Invesco DB US Dollar Index Bullish Fund stock?
UUP stock was purchased by a variety of institutional investors in the last quarter, including Rampart Investment Management Company LLC, Bank of New York Mellon Corp, Strategic Wealth Advisors Group LLC, Hilltop Holdings Inc., Jefferies Group LLC, Morgan Stanley, XR Securities LLC and IFP Advisors Inc.
How do I buy shares of Invesco DB US Dollar Index Bullish Fund?
Shares of UUP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco DB US Dollar Index Bullish Fund's stock price today?
One share of UUP stock can currently be purchased for approximately $25.96.
What is Invesco DB US Dollar Index Bullish Fund's official website?
How can I contact Invesco DB US Dollar Index Bullish Fund?
Invesco DB US Dollar Index Bullish Fund's mailing address is c/o DB Commodity Services LLC 60 Wall Street, New York, NY 10005, United States. The exchange traded fund can be reached via phone at +1-212-2505883.
MarketBeat Community Rating for Invesco DB US Dollar Index Bullish Fund (NYSEARCA UUP)
MarketBeat's community ratings are surveys of what our community members think about Invesco DB US Dollar Index Bullish Fund and other stocks. Vote "Outperform" if you believe UUP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UUP will underperform the S&P 500 over the long term. You may vote once every thirty days.
