Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $119.89 and traded as high as $120.80. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $120.80, with a volume of 13,349 shares changing hands.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.2 %

The stock has a fifty day simple moving average of $119.86 and a two-hundred day simple moving average of $123.05.

Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust

Several hedge funds and other institutional investors have recently bought and sold shares of FXB. HighTower Advisors LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust in the third quarter worth approximately $217,000. Mesirow Financial Investment Management Inc. bought a new stake in Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter valued at approximately $356,000. Capasso Planning Partners LLC bought a new stake in Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at approximately $767,000. Flow Traders U.S. LLC bought a new stake in Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at approximately $1,018,000. Finally, Jane Street Group LLC lifted its position in Invesco CurrencyShares British Pound Sterling Trust by 28.8% in the fourth quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock valued at $3,079,000 after purchasing an additional 5,706 shares during the last quarter.

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.