Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Cross Above 50-Day Moving Average of $125.54

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $125.54 and traded as high as $128.16. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $127.62, with a volume of 11,675 shares changing hands.

Invesco CurrencyShares British Pound Sterling Trust Trading Down 0.7 %

The business has a fifty day moving average price of $125.54 and a 200 day moving average price of $123.15.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

A number of institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank acquired a new position in Invesco CurrencyShares British Pound Sterling Trust in the 1st quarter worth about $36,000. Mather Group LLC. acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the first quarter valued at approximately $102,000. Finally, Scarborough Advisors LLC bought a new position in Invesco CurrencyShares British Pound Sterling Trust in the 4th quarter valued at approximately $107,000.

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.