Shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $57.78 and traded as low as $57.55. Invesco CurrencyShares Japanese Yen Trust shares last traded at $57.58, with a volume of 333,055 shares changing hands.
Invesco CurrencyShares Japanese Yen Trust Trading Up 0.1%
The business’s 50-day simple moving average is $56.95 and its two-hundred day simple moving average is $57.78. The firm has a market cap of $446.25 million, a price-to-earnings ratio of -117.92 and a beta of 0.19.
Institutional Investors Weigh In On Invesco CurrencyShares Japanese Yen Trust
Large investors have recently modified their holdings of the company. Captrust Financial Advisors lifted its holdings in Invesco CurrencyShares Japanese Yen Trust by 1.6% in the fourth quarter. Captrust Financial Advisors now owns 30,622 shares of the exchange traded fund’s stock valued at $1,797,000 after buying an additional 486 shares during the period. CreativeOne Wealth LLC grew its holdings in Invesco CurrencyShares Japanese Yen Trust by 6.9% during the 4th quarter. CreativeOne Wealth LLC now owns 7,905 shares of the exchange traded fund’s stock worth $464,000 after acquiring an additional 512 shares during the period. Fifth Third Bancorp acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth about $32,000. Creative Planning grew its holdings in Invesco CurrencyShares Japanese Yen Trust by 9.4% during the 3rd quarter. Creative Planning now owns 7,881 shares of the exchange traded fund’s stock worth $490,000 after acquiring an additional 674 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 4th quarter worth about $45,000.
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. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.
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