Farther Finance Advisors LLC Takes Position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Farther Finance Advisors LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 460 shares of the exchange traded fund’s stock, valued at approximately $30,000.

A number of other institutional investors also recently modified their holdings of FXY. Walleye Trading LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the first quarter worth $306,000. National Bank of Canada FI boosted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 48.2% in the 2nd quarter. National Bank of Canada FI now owns 11,528 shares of the exchange traded fund’s stock worth $660,000 after acquiring an additional 3,749 shares in the last quarter. HBW Advisory Services LLC acquired a new position in Invesco CurrencyShares Japanese Yen Trust in the third quarter worth $745,000. Baldwin Brothers LLC MA bought a new stake in Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter worth about $49,000. Finally, Insigneo Advisory Services LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the second quarter valued at approximately $195,000.

Invesco CurrencyShares Japanese Yen Trust Stock Performance

NYSEARCA FXY opened at $59.03 on Friday. The stock has a fifty day moving average of $62.38 and a 200-day moving average of $60.91. The stock has a market capitalization of $368.94 million, a P/E ratio of -111.06 and a beta of 0.10. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $57.17 and a 52 week high of $66.12.

Invesco CurrencyShares Japanese Yen Trust Profile

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.