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Invesco Ltd Just increased Powershares Db Energy Fund’s Stake

Invesco Ltd increased Position in Powershares Db Energy Fund

Invesco Ltd has filled a SC 13G/A form regarding Powershares Db Energy Fund . Filing Link: 000091420816001019. Per Invesco Ltd’s filing, the filler reported increased stake in the company by 42.61 % to 2,976,600 shares. Invesco Ltd now owns 34.6% of the company. This form was required due to trading activity on May 31, 2016.

Form 13G is used when the filer owns between 5% and 20% of the company and plans to hold it only as a passive investor. If the filler intend to exert control and if the stake’s size exceeds 20%, then a 13D must be filed. Therefore, activist investors and practices such as: hostile takeovers, company breakups, and other “change of control” events, are not permitted by 13G filers.

The post Invesco Ltd Just Increased Powershares Db Energy Fund’s Stake appeared first on Octafinance.



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Invesco Ltd Just increased Powershares Db Energy Fund’s Stake

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