Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Pass Above Fifty Day Moving Average – Here’s What Happened

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $121.39 and traded as high as $124.80. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.59, with a volume of 39,525 shares traded.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.5 %

The firm’s 50-day moving average price is $121.65 and its 200 day moving average price is $122.75.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

Institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth approximately $217,000. Mesirow Financial Investment Management Inc. acquired a new position in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter worth $356,000. Capasso Planning Partners LLC acquired a new position in Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $767,000. Flow Traders U.S. LLC bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at $1,018,000. Finally, Jane Street Group LLC grew its holdings in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% during 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 buying an additional 5,706 shares during the last quarter.

About Invesco CurrencyShares British Pound Sterling Trust

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.