Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Stock Price Pass Below 200 Day Moving Average – Time to Sell?

Invesco CurrencyShares Euro Trust (NYSEARCA:FXEGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $98.97 and traded as low as $95.45. Invesco CurrencyShares Euro Trust shares last traded at $95.93, with a volume of 75,431 shares trading hands.

Invesco CurrencyShares Euro Trust Stock Up 0.3 %

The firm has a market capitalization of $177.47 million, a P/E ratio of -88.15 and a beta of 0.22. The company’s 50 day moving average is $95.93 and its 200-day moving average is $98.97.

Institutional Trading of Invesco CurrencyShares Euro Trust

Several large investors have recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new position in Invesco CurrencyShares Euro Trust during the 4th quarter worth approximately $5,350,000. Virtu Financial LLC raised its position in shares of Invesco CurrencyShares Euro Trust by 8.8% during the fourth quarter. Virtu Financial LLC now owns 42,482 shares of the exchange traded fund’s stock worth $4,064,000 after purchasing an additional 3,452 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Invesco CurrencyShares Euro Trust by 3.0% in the 3rd quarter. Captrust Financial Advisors now owns 16,230 shares of the exchange traded fund’s stock worth $1,669,000 after purchasing an additional 470 shares in the last quarter. Perigon Wealth Management LLC acquired a new stake in Invesco CurrencyShares Euro Trust in the 4th quarter valued at $1,029,000. Finally, SMART Wealth LLC bought a new stake in Invesco CurrencyShares Euro Trust during the 3rd quarter valued at $912,000.

Invesco CurrencyShares Euro Trust Company Profile

(Get Free Report)

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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