Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Get Free Report)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $129.07 and traded as high as $131.57. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $131.53, with a volume of 8,346 shares traded.
Invesco CurrencyShares British Pound Sterling Trust Stock Performance
The firm’s 50-day simple moving average is $129.07 and its 200-day simple moving average is $124.24.
Institutional Investors Weigh In On Invesco CurrencyShares British Pound Sterling Trust
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Klingenstein Fields & Co. LP purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the first quarter worth $299,000. Mesirow Financial Investment Management Inc. bought a new stake in Invesco CurrencyShares British Pound Sterling Trust in the 4th quarter worth $356,000. Geneos Wealth Management Inc. purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the first quarter valued at about $1,537,000. Jane Street Group LLC raised its stake 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 acquiring an additional 5,706 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at about $5,136,000.
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.
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