Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Shares Pass Above Fifty Day Moving Average – What’s Next?

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $121.39 and traded as high as $124.80. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.59, with a volume of 39,525 shares.

Invesco CurrencyShares British Pound Sterling Trust Stock Up 0.5 %

The stock has a fifty day moving average price of $121.65 and a two-hundred day moving average price of $122.75.

Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust

Several institutional investors and hedge funds have recently made changes to their positions in FXB. HighTower Advisors LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at approximately $217,000. Mesirow Financial Investment Management Inc. bought a new position in Invesco CurrencyShares British Pound Sterling Trust in the 4th quarter valued at $356,000. Jane Street Group LLC increased its position in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% during the 4th quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock valued at $3,079,000 after purchasing an additional 5,706 shares during the last quarter. Capasso Planning Partners LLC bought a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the 3rd quarter worth $767,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the 3rd quarter worth $1,018,000.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

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.