Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $122.81 and traded as high as $124.84. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.62, with a volume of 24,708 shares traded.
Invesco CurrencyShares British Pound Sterling Trust Stock Performance
The company has a 50-day moving average of $122.93 and a 200-day moving average of $122.48.
Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust
A number of large investors have recently made changes to their positions in FXB. HighTower Advisors LLC acquired a new position in Invesco CurrencyShares British Pound Sterling Trust in the 3rd quarter valued at about $217,000. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter worth approximately $356,000. Jane Street Group LLC boosted its holdings in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% in the 4th quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock valued at $3,079,000 after purchasing an additional 5,706 shares during the last quarter. Capasso Planning Partners LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at about $767,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the 4th quarter worth about $5,136,000.
About Invesco CurrencyShares British Pound Sterling Trust
Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.
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