Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Stock Pass Below 200 Day Moving Average of $61.43

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $61.43 and traded as low as $57.92. Invesco CurrencyShares Japanese Yen Trust shares last traded at $57.96, with a volume of 50,733 shares.

Invesco CurrencyShares Japanese Yen Trust Trading Up 0.0 %

The company has a market capitalization of $362.25 million, a P/E ratio of -111.06 and a beta of 0.10. The stock has a 50 day moving average price of $59.19 and a 200 day moving average price of $61.43.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

Several hedge funds and other institutional investors have recently made changes to their positions in FXY. Delos Wealth Advisors LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth approximately $67,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 60.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,600 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 600 shares during the period. Dynamic Advisor Solutions LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the fourth quarter worth $206,000. Walleye Trading LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the first quarter valued at $306,000. Finally, Checchi Capital Advisers LLC increased its holdings in Invesco CurrencyShares Japanese Yen Trust by 28.8% in the first quarter. Checchi Capital Advisers LLC now owns 7,557 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 1,690 shares during the period.

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.