Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) Stock Cross Above Two Hundred Day Moving Average – Here’s Why

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $65.94 and traded as high as $66.27. Invesco CurrencyShares Australian Dollar Trust shares last traded at $65.95, with a volume of 10,008 shares traded.

Invesco CurrencyShares Australian Dollar Trust Stock Down 0.7 %

The stock’s fifty day simple moving average is $66.85 and its 200-day simple moving average is $65.94.

Institutional Trading of Invesco CurrencyShares Australian Dollar Trust

An institutional investor recently bought a new position in Invesco CurrencyShares Australian Dollar Trust stock. Fiduciary Financial Group LLC acquired a new position in Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,711 shares of the exchange traded fund’s stock, valued at approximately $248,000. Fiduciary Financial Group LLC owned 0.35% of Invesco CurrencyShares Australian Dollar Trust as of its most recent SEC filing.

Invesco CurrencyShares Australian Dollar Trust Company Profile

Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets.