National Bank of Canada FI Lowers Stock Position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

National Bank of Canada FI cut its position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 15.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,237 shares of the exchange traded fund’s stock after selling 2,215 shares during the period. National Bank of Canada FI’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $717,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in FXY. Empowered Funds LLC purchased a new stake in Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth $7,513,000. Investment House LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth about $441,000. Raymond James Financial Inc. acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 4th quarter worth about $232,000. HBW Advisory Services LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 25.4% in the 4th quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock valued at $852,000 after buying an additional 2,943 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 3.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock valued at $1,581,000 after buying an additional 1,020 shares in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Trading Down 1.1 %

Shares of Invesco CurrencyShares Japanese Yen Trust stock opened at $62.36 on Thursday. The firm has a market capitalization of $417.81 million, a PE ratio of -116.59 and a beta of 0.18. Invesco CurrencyShares Japanese Yen Trust has a twelve month low of $57.17 and a twelve month high of $65.88. The firm’s 50-day moving average price is $61.60 and its 200 day moving average price is $60.81.

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.