Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Shares Pass Below 200 Day Moving Average of $99.98

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $99.98 and traded as low as $99.01. Invesco CurrencyShares Euro Trust shares last traded at $99.13, with a volume of 8,274 shares traded.

Invesco CurrencyShares Euro Trust Stock Performance

The company has a fifty day simple moving average of $99.53 and a two-hundred day simple moving average of $99.98. The stock has a market capitalization of $183.39 million, a price-to-earnings ratio of -88.15 and a beta of 0.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FXE. Cerity Partners LLC acquired a new stake in Invesco CurrencyShares Euro Trust during the 4th quarter valued at approximately $348,000. Commonwealth Equity Services LLC raised its holdings in shares of Invesco CurrencyShares Euro Trust by 1.3% in the first quarter. Commonwealth Equity Services LLC now owns 14,341 shares of the exchange traded fund’s stock valued at $1,430,000 after purchasing an additional 179 shares during the last quarter. Acima Private Wealth LLC boosted its stake in shares of Invesco CurrencyShares Euro Trust by 2.5% in the 4th quarter. Acima Private Wealth LLC now owns 29,984 shares of the exchange traded fund’s stock worth $3,060,000 after buying an additional 743 shares during the last quarter. Virtu Financial LLC raised its stake in shares of Invesco CurrencyShares Euro Trust by 9.3% during the 4th quarter. Virtu Financial LLC now owns 37,198 shares of the exchange traded fund’s stock worth $3,796,000 after purchasing an additional 3,171 shares during the period. Finally, Leuthold Group LLC boosted its holdings in shares of Invesco CurrencyShares Euro Trust by 2.0% in the 4th quarter. Leuthold Group LLC now owns 45,612 shares of the exchange traded fund’s stock worth $4,654,000 after buying an additional 886 shares during the last quarter.

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.