Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Share Price Pass Above 50-Day Moving Average of $125.05

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $125.05 and traded as high as $128.25. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $128.16, with a volume of 6,967 shares traded.

Invesco CurrencyShares British Pound Sterling Trust Stock Performance

The company has a 50-day simple moving average of $125.05 and a 200-day simple moving average of $122.91.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

Several hedge funds have recently bought and sold shares of FXB. Comerica Bank bought a new position in Invesco CurrencyShares British Pound Sterling Trust in the 1st quarter worth about $36,000. Mather Group LLC. bought a new stake in Invesco CurrencyShares British Pound Sterling Trust during the 1st quarter valued at $102,000. Scarborough Advisors LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust in the 4th quarter worth $107,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the 4th quarter worth $818,000.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

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.