Leo Wealth LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) during the second quarter, HoldingsChannel reports. The fund purchased 4,607 shares of the exchange traded fund’s stock, valued at approximately $295,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FXY. Farther Finance Advisors LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 94.5% during the first quarter. Farther Finance Advisors LLC now owns 428 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 208 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth $370,000. Highline Wealth Partners LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth $31,000. Silverleafe Capital Partners LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth $4,203,000. Finally, Whalen Wealth Management Inc. acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth $2,184,000.
Invesco CurrencyShares Japanese Yen Trust Stock Up 1.0%
Shares of NYSEARCA:FXY opened at $60.68 on Friday. Invesco CurrencyShares Japanese Yen Trust has a 12 month low of $58.25 and a 12 month high of $65.64. The company’s fifty day simple moving average is $62.16 and its 200 day simple moving average is $62.94. The firm has a market cap of $521.85 million, a price-to-earnings ratio of -117.92 and a beta of 0.05.
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.
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Want to see what other hedge funds are holding FXY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report).
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