SMART Wealth LLC Purchases Shares of 8,870 Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

SMART Wealth LLC bought a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,870 shares of the exchange traded fund’s stock, valued at approximately $912,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Virtu Financial LLC grew its holdings in shares of Invesco CurrencyShares Euro Trust by 302.6% during the 3rd quarter. Virtu Financial LLC now owns 39,030 shares of the exchange traded fund’s stock worth $4,015,000 after acquiring an additional 29,335 shares during the period. Captrust Financial Advisors grew its holdings in shares of Invesco CurrencyShares Euro Trust by 3.0% during the 3rd quarter. Captrust Financial Advisors now owns 16,230 shares of the exchange traded fund’s stock worth $1,669,000 after acquiring an additional 470 shares during the period. Flow Traders U.S. LLC grew its holdings in shares of Invesco CurrencyShares Euro Trust by 131.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 5,729 shares of the exchange traded fund’s stock worth $589,000 after acquiring an additional 3,251 shares during the period. GFS Advisors LLC grew its holdings in shares of Invesco CurrencyShares Euro Trust by 75.8% during the 3rd quarter. GFS Advisors LLC now owns 3,222 shares of the exchange traded fund’s stock worth $331,000 after acquiring an additional 1,389 shares during the period. Finally, GoalVest Advisory LLC purchased a new position in shares of Invesco CurrencyShares Euro Trust during the 3rd quarter worth approximately $112,000.

Invesco CurrencyShares Euro Trust Stock Performance

FXE stock opened at $96.87 on Monday. Invesco CurrencyShares Euro Trust has a fifty-two week low of $96.00 and a fifty-two week high of $103.54. The business’s 50 day moving average price is $98.73 and its two-hundred day moving average price is $100.20. The company has a market capitalization of $179.21 million, a price-to-earnings ratio of -88.15 and a beta of 0.22.

About Invesco CurrencyShares Euro Trust

Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest.