Solstein Capital LLC decreased its stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) by 38.3% in the fourth quarter, HoldingsChannel reports. The firm owned 7,650 shares of the exchange traded fund’s stock after selling 4,755 shares during the period. Solstein Capital LLC’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $448,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the fourth quarter worth approximately $7,513,000. Commonwealth Equity Services LLC grew its position in Invesco CurrencyShares Japanese Yen Trust by 3.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock worth $1,581,000 after purchasing an additional 1,020 shares in the last quarter. Captrust Financial Advisors raised its stake in Invesco CurrencyShares Japanese Yen Trust by 6.1% during the 3rd quarter. Captrust Financial Advisors now owns 23,590 shares of the exchange traded fund’s stock valued at $1,517,000 after purchasing an additional 1,362 shares during the period. HBW Advisory Services LLC lifted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% in the fourth quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock valued at $852,000 after purchasing an additional 2,943 shares in the last quarter. Finally, National Bank of Canada FI boosted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% in the third quarter. National Bank of Canada FI now owns 14,452 shares of the exchange traded fund’s stock worth $929,000 after buying an additional 2,924 shares during the period.
Invesco CurrencyShares Japanese Yen Trust Trading Down 0.4 %
NYSEARCA:FXY opened at $62.84 on Friday. The business’s fifty day moving average price is $61.29 and its 200 day moving average price is $60.88. The firm has a market capitalization of $421.03 million, a price-to-earnings ratio of -114.95 and a beta of 0.16. Invesco CurrencyShares Japanese Yen Trust has a 1-year low of $57.17 and a 1-year high of $65.88.
About Invesco CurrencyShares Japanese Yen Trust
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.
See Also
- Five stocks we like better than Invesco CurrencyShares Japanese Yen Trust
- What Investors Need to Know to Beat the Market
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- Stock Sentiment Analysis: How it Works
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- Growth Stocks: What They Are, Examples and How to Invest
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
Want to see what other hedge funds are holding FXY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report).
Receive News & Ratings for Invesco CurrencyShares Japanese Yen Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco CurrencyShares Japanese Yen Trust and related companies with MarketBeat.com's FREE daily email newsletter.