Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $57.68 and traded as low as $57.58. Invesco CurrencyShares Japanese Yen Trust shares last traded at $57.63, with a volume of 191,696 shares.
Invesco CurrencyShares Japanese Yen Trust Stock Down 0.1%
The stock’s 50-day moving average price is $57.01 and its 200 day moving average price is $57.67. The firm has a market capitalization of $445.62 million, a price-to-earnings ratio of -117.92 and a beta of 0.19.
Institutional Trading of Invesco CurrencyShares Japanese Yen Trust
Hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth approximately $32,000. International Assets Investment Management LLC acquired a new position in Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth $45,000. BNP Paribas Financial Markets acquired a new position in Invesco CurrencyShares Japanese Yen Trust during the third quarter worth $81,000. Comerica Bank purchased a new stake in Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at $96,000. Finally, Markin Asset Management LP purchased a new stake in Invesco CurrencyShares Japanese Yen Trust in the 4th quarter valued at $217,000.
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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