Farther Finance Advisors LLC acquired a new position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 460 shares of the exchange traded fund’s stock, valued at approximately $30,000.
Other institutional investors have also made changes to their positions in the company. Diversify Wealth Management LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth approximately $284,000. HBW Advisory Services LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the third quarter valued at about $745,000. Insigneo Advisory Services LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter worth approximately $195,000. Marathon Trading Investment Management LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the second quarter worth $431,000. Finally, National Bank of Canada FI grew its position in shares of Invesco CurrencyShares Japanese Yen Trust by 48.2% in the 2nd quarter. National Bank of Canada FI now owns 11,528 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 3,749 shares during the last quarter.
Invesco CurrencyShares Japanese Yen Trust Stock Performance
NYSEARCA:FXY opened at $59.03 on Friday. The company has a 50 day simple moving average of $62.38 and a two-hundred day simple moving average of $60.91. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $57.17 and a fifty-two week high of $66.12. The company has a market capitalization of $368.94 million, a PE ratio of -111.06 and a beta of 0.10.
Invesco CurrencyShares Japanese Yen Trust 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.
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