Mutual Advisors LLC boosted its holdings in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report) by 20.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,445 shares of the exchange traded fund’s stock after buying an additional 1,084 shares during the quarter. Mutual Advisors LLC owned 0.12% of Invesco CurrencyShares Euro Trust worth $699,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. North Star Investment Management Corp. grew its stake in shares of Invesco CurrencyShares Euro Trust by 20.5% during the second quarter. North Star Investment Management Corp. now owns 1,383 shares of the exchange traded fund’s stock worth $150,000 after purchasing an additional 235 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in Invesco CurrencyShares Euro Trust in the first quarter valued at $25,000. Farther Finance Advisors LLC purchased a new position in Invesco CurrencyShares Euro Trust in the second quarter valued at $30,000. Parallel Advisors LLC purchased a new position in Invesco CurrencyShares Euro Trust in the second quarter valued at $113,000. Finally, Envestnet Asset Management Inc. increased its holdings in Invesco CurrencyShares Euro Trust by 22.3% in the first quarter. Envestnet Asset Management Inc. now owns 7,105 shares of the exchange traded fund’s stock valued at $710,000 after buying an additional 1,295 shares during the last quarter.
Invesco CurrencyShares Euro Trust Price Performance
NYSEARCA:FXE opened at $107.70 on Friday. The firm has a market capitalization of $468.50 million, a PE ratio of -92.16 and a beta of 0.13. The business’s fifty day moving average price is $107.89 and its 200 day moving average price is $106.39. Invesco CurrencyShares Euro Trust has a 12 month low of $94.08 and a 12 month high of $110.01.
Invesco CurrencyShares Euro Trust Company Profile
Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest.
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