TD Waterhouse Canada Inc. acquired a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,720 shares of the exchange traded fund’s stock, valued at approximately $187,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Tortoise Investment Management LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust during the second quarter worth about $101,000. Cetera Investment Advisers acquired a new stake in Invesco CurrencyShares Euro Trust in the 2nd quarter worth about $834,000. Creative Planning purchased a new stake in Invesco CurrencyShares Euro Trust during the 2nd quarter worth approximately $418,000. Bailard Inc. purchased a new stake in Invesco CurrencyShares Euro Trust during the 2nd quarter worth approximately $208,000. Finally, Ironwood Investment Counsel LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter valued at approximately $362,000.
Invesco CurrencyShares Euro Trust Price Performance
NYSEARCA FXE opened at $106.36 on Tuesday. The stock’s 50 day simple moving average is $107.38 and its 200-day simple moving average is $106.97. The company has a market cap of $457.35 million, a PE ratio of -92.16 and a beta of 0.18. Invesco CurrencyShares Euro Trust has a 1-year low of $94.08 and a 1-year high of $110.01.
Invesco 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.
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