Opal Wealth Advisors LLC Buys Shares of 5,570 Invesco CurrencyShares Euro Trust $FXE

Opal Wealth Advisors LLC purchased a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,570 shares of the exchange traded fund’s stock, valued at approximately $604,000.

Several other institutional investors have also recently made changes to their positions in FXE. Royal Bank of Canada lifted its holdings in Invesco CurrencyShares Euro Trust by 1,839.3% in the first quarter. Royal Bank of Canada now owns 10,860 shares of the exchange traded fund’s stock valued at $1,085,000 after acquiring an additional 10,300 shares during the last quarter. Focus Partners Wealth purchased a new stake in Invesco CurrencyShares Euro Trust in the first quarter valued at $1,084,000. Geneos Wealth Management Inc. acquired a new position in shares of Invesco CurrencyShares Euro Trust in the 1st quarter valued at $25,000. Parallel Advisors LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $113,000. Finally, Baker Ellis Asset Management LLC purchased a new position in shares of Invesco CurrencyShares Euro Trust during the 2nd quarter worth $326,000.

Invesco CurrencyShares Euro Trust Trading Down 0.1%

Shares of NYSEARCA:FXE opened at $107.36 on Friday. The company has a market capitalization of $418.70 million, a price-to-earnings ratio of -92.16 and a beta of 0.18. Invesco CurrencyShares Euro Trust has a 12-month low of $94.08 and a 12-month high of $110.01. The business has a 50-day moving average price of $107.49 and a 200 day moving average price of $107.64.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 8th. Stockholders of record on Friday, January 2nd were paid a $0.0661 dividend. This is a positive change from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%.

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. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities.