Napa Wealth Management trimmed its stake in shares of Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF – Free Report) by 24.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,214 shares of the company’s stock after selling 2,044 shares during the quarter. Napa Wealth Management’s holdings in Invesco CurrencyShares Swiss Franc Trust were worth $653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently made changes to their positions in FXF. NewSquare Capital LLC raised its stake in Invesco CurrencyShares Swiss Franc Trust by 1.1% during the second quarter. NewSquare Capital LLC now owns 17,411 shares of the company’s stock worth $1,723,000 after buying an additional 196 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new stake in Invesco CurrencyShares Swiss Franc Trust during the 3rd quarter worth about $260,000. Finally, Nvwm LLC bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the 3rd quarter worth about $871,000.
Invesco CurrencyShares Swiss Franc Trust Price Performance
Shares of NYSEARCA:FXF opened at $100.05 on Monday. Invesco CurrencyShares Swiss Franc Trust has a 1 year low of $96.67 and a 1 year high of $106.75. The business’s 50-day moving average is $103.34 and its 200-day moving average is $101.49.
About Invesco CurrencyShares Swiss Franc Trust
Guggenheim CurrencyShares Swiss Franc Trust, formerly CurrencyShares Swiss Franc Trust, is a grantor trust. The Trust issues shares (Shares) in blocks of 50,000 (Basket) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Swiss Franc plus accrued interest, if any, less the expenses of the Trust’s operations.
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