Empowered Funds LLC bought a new stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) in the fourth quarter, HoldingsChannel reports. The fund bought 128,161 shares of the exchange traded fund’s stock, valued at approximately $7,513,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of FXY. Captrust Financial Advisors raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 6.1% in the 3rd quarter. Captrust Financial Advisors now owns 23,590 shares of the exchange traded fund’s stock worth $1,517,000 after purchasing an additional 1,362 shares during the period. Farther Finance Advisors LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth approximately $30,000. Private Wealth Advisors LLC raised its holdings in Invesco CurrencyShares Japanese Yen Trust by 54.9% in the third quarter. Private Wealth Advisors LLC now owns 59,809 shares of the exchange traded fund’s stock valued at $3,850,000 after buying an additional 21,204 shares during the period. Walleye Trading LLC lifted its position in Invesco CurrencyShares Japanese Yen Trust by 109.2% during the third quarter. Walleye Trading LLC now owns 10,460 shares of the exchange traded fund’s stock valued at $673,000 after buying an additional 5,460 shares in the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in Invesco CurrencyShares Japanese Yen Trust during the third quarter worth approximately $284,000.
Invesco CurrencyShares Japanese Yen Trust Stock Down 0.4 %
Invesco CurrencyShares Japanese Yen Trust stock opened at $60.73 on Tuesday. The firm has a market capitalization of $379.56 million, a P/E ratio of -111.06 and a beta of 0.10. The firm has a fifty day moving average of $59.51 and a 200-day moving average of $61.32. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $57.17 and a 52-week high of $65.88.
Invesco CurrencyShares Japanese Yen Trust Company Profile
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.
Recommended Stories
- Five stocks we like better than Invesco CurrencyShares Japanese Yen Trust
- Golden Cross Stocks: Pattern, Examples and Charts
- Merck: 4 No-Brainer Reasons to Buy This Dip
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- Using the MarketBeat Dividend Tax Calculator
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Want to see what other hedge funds are holding FXY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report).
Receive News & Ratings for Invesco CurrencyShares Japanese Yen Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco CurrencyShares Japanese Yen Trust and related companies with MarketBeat.com's FREE daily email newsletter.