Invesco CurrencyShares Japanese Yen Trust $FXY Shares Sold by MGO One Seven LLC

MGO One Seven LLC cut its stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 39.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,775 shares of the exchange traded fund’s stock after selling 12,232 shares during the period. MGO One Seven LLC owned 0.23% of Invesco CurrencyShares Japanese Yen Trust worth $1,102,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. raised its holdings in Invesco CurrencyShares Japanese Yen Trust by 50.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 300 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at $81,000. Clearstead Advisors LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at $82,000. Comerica Bank acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the first quarter valued at $96,000. Finally, MAI Capital Management acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at $179,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

FXY opened at $58.27 on Wednesday. The stock has a market capitalization of $437.03 million, a PE ratio of -117.92 and a beta of 0.20. The firm’s fifty day moving average price is $57.86 and its 200 day moving average price is $58.67. Invesco CurrencyShares Japanese Yen Trust has a 12-month low of $57.22 and a 12-month high of $64.72.

Invesco CurrencyShares Japanese Yen Trust 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.