Waterloo Capital L.P. Buys New Shares in Invesco CurrencyShares Euro Trust $FXE

Waterloo Capital L.P. purchased a new position in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,296 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Invesco CurrencyShares Euro Trust in the first quarter worth about $6,785,000. J. Safra Sarasin Holding AG purchased a new position in Invesco CurrencyShares Euro Trust in the 1st quarter worth approximately $3,897,000. Focus Partners Wealth purchased a new position in Invesco CurrencyShares Euro Trust in the 1st quarter worth approximately $1,084,000. Royal Bank of Canada boosted its stake in Invesco CurrencyShares Euro Trust by 1,839.3% in the 1st quarter. Royal Bank of Canada now owns 10,860 shares of the exchange traded fund’s stock worth $1,085,000 after purchasing an additional 10,300 shares during the period. Finally, Perigon Wealth Management LLC grew its holdings in Invesco CurrencyShares Euro Trust by 53.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 28,668 shares of the exchange traded fund’s stock valued at $3,119,000 after buying an additional 10,005 shares in the last quarter.

Invesco CurrencyShares Euro Trust Price Performance

Invesco CurrencyShares Euro Trust stock opened at $106.70 on Wednesday. Invesco CurrencyShares Euro Trust has a 1 year low of $94.08 and a 1 year high of $110.01. The firm’s 50 day moving average price is $107.32 and its 200-day moving average price is $106.99. The stock has a market cap of $458.81 million, a P/E ratio of -92.16 and a beta of 0.18.

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.