Guggenheim CurrencyShares Euro Trust (NYSE:FXE) was the target of some unusual options trading on Monday. Stock traders bought 8,776 put options on the company. This represents an increase of approximately 307% compared to the average daily volume of 2,158 put options.

Shares of Guggenheim CurrencyShares Euro Trust (FXE) opened at 114.85 on Thursday. The company has a 50-day moving average price of $113.00 and a 200-day moving average price of $107.48. Guggenheim CurrencyShares Euro Trust has a 12-month low of $100.46 and a 12-month high of $115.39.

Hedge funds have recently bought and sold shares of the company. Clear Perspective Advisors LLC purchased a new stake in Guggenheim CurrencyShares Euro Trust during the second quarter worth $110,000. Glovista Investments LLC purchased a new stake in Guggenheim CurrencyShares Euro Trust during the second quarter worth $222,000. Stifel Financial Corp raised its stake in Guggenheim CurrencyShares Euro Trust by 0.9% in the second quarter. Stifel Financial Corp now owns 11,753 shares of the exchange traded fund’s stock worth $1,299,000 after buying an additional 100 shares in the last quarter. Wells Fargo & Company MN raised its stake in Guggenheim CurrencyShares Euro Trust by 117.1% in the second quarter. Wells Fargo & Company MN now owns 15,209 shares of the exchange traded fund’s stock worth $1,680,000 after buying an additional 104,358 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Guggenheim CurrencyShares Euro Trust by 49.5% in the second quarter. JPMorgan Chase & Co. now owns 151,400 shares of the exchange traded fund’s stock worth $16,727,000 after buying an additional 50,124 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: “Stock Traders Purchase Large Volume of Put Options on Guggenheim CurrencyShares Euro Trust (FXE)” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/08/31/stock-traders-purchase-large-volume-of-put-options-on-guggenheim-currencyshares-euro-trust-fxe.html.

Guggenheim CurrencyShares Euro Trust Company Profile

Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest.

Receive News & Stock Ratings for Guggenheim CurrencyShares Euro Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guggenheim CurrencyShares Euro Trust and related stocks with our FREE daily email newsletter.