Truffle Hound Capital LLC Makes New Investment in Invesco CurrencyShares Japanese Yen Trust $FXY

Truffle Hound Capital LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 100,000 shares of the exchange traded fund’s stock, valued at approximately $6,221,000. Invesco CurrencyShares Japanese Yen Trust comprises 1.7% of Truffle Hound Capital LLC’s portfolio, making the stock its 11th biggest position. Truffle Hound Capital LLC owned about 1.22% of Invesco CurrencyShares Japanese Yen Trust at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in FXY. JPMorgan Chase & Co. purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the second quarter valued at approximately $148,935,000. Thrivent Financial for Lutherans acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the second quarter valued at $3,827,000. Advisory Services Network LLC boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 236.3% during the second quarter. Advisory Services Network LLC now owns 55,592 shares of the exchange traded fund’s stock valued at $3,396,000 after acquiring an additional 39,062 shares during the last quarter. Leuthold Group LLC raised its holdings in Invesco CurrencyShares Japanese Yen Trust by 33.7% in the 2nd quarter. Leuthold Group LLC now owns 134,551 shares of the exchange traded fund’s stock valued at $8,603,000 after acquiring an additional 33,900 shares during the last quarter. Finally, Camarda Financial Advisors LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter worth $2,159,000.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.0%

Shares of NYSEARCA:FXY opened at $60.19 on Friday. The business has a fifty day simple moving average of $58.87 and a 200-day simple moving average of $60.32. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $57.74 and a 52 week high of $65.64. The company has a market cap of $499.58 million, a P/E ratio of -117.92 and a beta of 0.19.

Invesco CurrencyShares Japanese Yen Trust Company Profile

Guggenheim CurrencyShares Japanese Yen Trust, formerly CurrencyShares Japanese Yen Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Japanese Yen plus accrued interest, if any, less the expenses of the Trust’s operations. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.