Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Stock Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $61.29 and traded as low as $60.80. Invesco CurrencyShares Japanese Yen Trust shares last traded at $60.94, with a volume of 122,111 shares changing hands.

Invesco CurrencyShares Japanese Yen Trust Trading Up 0.3 %

The company’s fifty day moving average is $59.41 and its two-hundred day moving average is $61.29. The stock has a market cap of $380.88 million, a price-to-earnings ratio of -111.06 and a beta of 0.10.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

Institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 6.1% during the 3rd quarter. Captrust Financial Advisors now owns 23,590 shares of the exchange traded fund’s stock worth $1,517,000 after purchasing an additional 1,362 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth $30,000. Private Wealth Advisors LLC lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 54.9% during the 3rd quarter. Private Wealth Advisors LLC now owns 59,809 shares of the exchange traded fund’s stock worth $3,850,000 after purchasing an additional 21,204 shares during the last quarter. Walleye Trading LLC lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 109.2% during the 3rd quarter. Walleye Trading LLC now owns 10,460 shares of the exchange traded fund’s stock worth $673,000 after purchasing an additional 5,460 shares during the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth $284,000.

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.