Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXBGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $119.89 and traded as high as $120.80. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $120.80, with a volume of 13,349 shares.

Invesco CurrencyShares British Pound Sterling Trust Stock Up 0.2 %

The company has a 50 day moving average of $119.86 and a two-hundred day moving average of $123.05.

Institutional Investors Weigh In On Invesco CurrencyShares British Pound Sterling Trust

A number of institutional investors have recently modified their holdings of the stock. HighTower Advisors LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at $217,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at $356,000. Capasso Planning Partners LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at $767,000. Flow Traders U.S. LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at $1,018,000. Finally, Jane Street Group LLC boosted its position in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% during the fourth quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock valued at $3,079,000 after buying an additional 5,706 shares during the last quarter.

About Invesco CurrencyShares British Pound Sterling Trust

(Get Free Report)

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.

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