HBW Advisory Services LLC raised its stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) by 25.4% in the fourth quarter, Holdings Channel reports. The firm owned 14,526 shares of the exchange traded fund’s stock after acquiring an additional 2,943 shares during the quarter. HBW Advisory Services LLC’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $852,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in FXY. National Bank of Canada FI grew its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% in the third quarter. National Bank of Canada FI now owns 14,452 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 2,924 shares in the last quarter. Captrust Financial Advisors lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 6.1% in the third quarter. Captrust Financial Advisors now owns 23,590 shares of the exchange traded fund’s stock valued at $1,517,000 after acquiring an additional 1,362 shares during the last quarter. Walleye Trading LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 109.2% in the third quarter. Walleye Trading LLC now owns 10,460 shares of the exchange traded fund’s stock valued at $673,000 after acquiring an additional 5,460 shares during the last quarter. Independent Advisor Alliance bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at about $294,000. Finally, Pekin Hardy Strauss Inc. increased its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 174.8% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 21,789 shares of the exchange traded fund’s stock worth $1,401,000 after purchasing an additional 13,859 shares during the last quarter.
Invesco CurrencyShares Japanese Yen Trust Stock Performance
Shares of FXY stock opened at $58.48 on Friday. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $57.17 and a 52-week high of $65.88. The stock has a market cap of $365.50 million, a price-to-earnings ratio of -111.06 and a beta of 0.10. The firm’s 50-day moving average is $59.82 and its 200-day moving average is $61.08.
About Invesco CurrencyShares Japanese Yen Trust
Guggenheim CurrencyShares Japanese Yen Trust, formerly CurrencyShares Japanese Yen Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Japanese Yen plus accrued interest, if any, less the expenses of the Trust’s operations.
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