Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Stock Pass Below Two Hundred Day Moving Average – Here’s What Happened

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $61.29 and traded as low as $60.80. Invesco CurrencyShares Japanese Yen Trust shares last traded at $60.94, with a volume of 122,111 shares trading hands.

Invesco CurrencyShares Japanese Yen Trust Stock Up 0.3 %

The stock has a market capitalization of $380.88 million, a PE ratio of -111.06 and a beta of 0.10. The business’s 50-day moving average is $59.41 and its two-hundred day moving average is $61.29.

Institutional Investors Weigh In On Invesco CurrencyShares Japanese Yen Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors lifted its position in Invesco CurrencyShares Japanese Yen Trust by 6.1% in the third quarter. Captrust Financial Advisors now owns 23,590 shares of the exchange traded fund’s stock valued at $1,517,000 after acquiring an additional 1,362 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at $30,000. Private Wealth Advisors LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 54.9% in the third quarter. Private Wealth Advisors LLC now owns 59,809 shares of the exchange traded fund’s stock valued at $3,850,000 after buying an additional 21,204 shares during the last quarter. Walleye Trading LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 109.2% in the third quarter. Walleye Trading LLC now owns 10,460 shares of the exchange traded fund’s stock valued at $673,000 after buying an additional 5,460 shares during the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at about $284,000.

Invesco CurrencyShares Japanese Yen Trust Company Profile

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.