Summary
UUP Chart
Bearish On The Dollar's Value And Bullish On The Dollar Index, A Mirage Can Still Pay Off
I rate Invesco DB U.S. Dollar Index Bullish ETF (UUP) a buy with a tight stop, given the prevailing bullish trend in the dollar index. UUP has rallied 8.22% YTD, outperforming the underlying index due to yield, and benefits from elevated U.S. interest rates and geopolitical risk. The dollar index remains near the upper end of its trading range; a breakout above 101.815 could trigger further upside toward the 110 level.
Is Invesco DB US Dollar Index Bullish ETF (UUP) a Strong ETF Right Now?
Designed to provide broad exposure to the Currency ETFs category of the market, the Invesco DB US Dollar Index Bullish ETF (UUP) is a smart beta exchange traded fund launched on 02/20/2007.
U.S. Dollar ETF (UUP) Hits New 52-Week High
UUP reaches a new 52-week high as a stronger dollar benefits from hawkish Fed expectations and risk-off sentiment.
Invesco DB US Dollar Index Bullish Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 10,561 | $285,464 | $299,140.32 | $13,676.32 | 4.79% |
| MM Michael Motolo CVS HEALTH Corp | 30,000 | $833,400 | $849,450 | $16,050 | 1.93% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 117,846 | $3.27M | $3.34M | $63,047.61 | 1.93% |
| JS Jeffrey Schropp POTOMAC FUND MANAGEMENT Inc. /ADV | 1.01M | $28M | $28.55M | $549,295.69 | 1.96% |
 Katie Smith Delos Wealth Advisors LLC | 3,376 | $90,746.88 | $95,557.68 | $4,810.8 | 5.3% |
Invesco DB US Dollar Index Bullish Fund (UUP) FAQ
What is the stock price today?
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Does it pay dividends? What is the current yield?
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Has Invesco DB US Dollar Index Bullish Fund ever had a stock split?
Invesco DB US Dollar Index Bullish Fund Profile
| ARCA Exchange | US Country |
Overview
This company is a specialty finance entity focused on investment in futures contracts. It aims to shadow the performance of its underlying index meticulously, which is designed to capture the variation in market valuation of long positions in DX Contracts over time. By dealing in futures, the company positions itself to benefit from both upward and downward market movements, reflecting these in its index-based investment strategy. This approach allows investors to potentially gain from market fluctuations in these specific financial instruments.
Products and Services
The company's product and service offerings are centered around investment opportunities in futures contracts, specifically designed to track the movements of its dedicated index. Below is an overview of its primary offerings:
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Index Tracking Investment Funds
This product is structured to replicate the performance of the company's index. It does so by investing directly in futures contracts, which are pre-defined agreements to buy or sell a financial instrument or commodity at a future date. The aim is to mirror the changes in market value, either positive or negative, of long positions in DX Contracts. This offering is suitable for investors looking to gain exposure to the futures market through a mechanism that attempts to follow an established index.
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DX Contracts
Direct investment opportunities in DX Contracts represent the core focus of the company’s investment strategy. DX Contracts are specific types of futures contracts, though the exact nature (e.g., the commodities, financial instruments, or indices they are based on) is not specified. These contracts are integral to the company's ability to track its index and offer a direct avenue for investors to engage in futures trading. This service is designed for those who wish to partake in futures contracts trading with an emphasis on the particular market dynamics encapsulated by the company’s index.
