Pettinga Financial Advisors LLC Makes New $807,000 Investment in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Pettinga Financial Advisors LLC bought a new position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,125 shares of the exchange traded fund’s stock, valued at approximately $807,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Silverleafe Capital Partners LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust during the 1st quarter valued at about $4,203,000. Hara Capital LLC bought a new stake in Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth approximately $3,035,000. Whalen Wealth Management Inc. purchased a new stake in Invesco CurrencyShares Japanese Yen Trust in the 1st quarter worth approximately $2,184,000. Pekin Hardy Strauss Inc. boosted its holdings in Invesco CurrencyShares Japanese Yen Trust by 31.9% in the 1st quarter. Pekin Hardy Strauss Inc. now owns 31,644 shares of the exchange traded fund’s stock valued at $1,946,000 after purchasing an additional 7,660 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Invesco CurrencyShares Japanese Yen Trust by 3.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock valued at $1,581,000 after purchasing an additional 1,020 shares during the period.

Invesco CurrencyShares Japanese Yen Trust Stock Performance

Invesco CurrencyShares Japanese Yen Trust stock opened at $61.85 on Wednesday. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $58.25 and a fifty-two week high of $65.88. The stock has a market cap of $785.50 million, a P/E ratio of -117.92 and a beta of 0.05. The firm’s fifty day moving average price is $63.53 and its 200-day moving average price is $62.19.

About Invesco CurrencyShares Japanese Yen Trust

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.