Efficient Advisors LLC bought a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 3,998 shares of the exchange traded fund’s stock, valued at approximately $435,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. North Star Investment Management Corp. raised its position in shares of Invesco CurrencyShares Euro Trust by 20.5% during the second quarter. North Star Investment Management Corp. now owns 1,383 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 235 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Invesco CurrencyShares Euro Trust by 22.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,105 shares of the exchange traded fund’s stock valued at $710,000 after acquiring an additional 1,295 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $30,000. Wealth Enhancement Advisory Services LLC bought a new stake in Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $349,000. Finally, Almanack Investment Partners LLC. purchased a new stake in Invesco CurrencyShares Euro Trust in the 2nd quarter worth $514,000.
Invesco CurrencyShares Euro Trust Stock Up 0.2%
FXE opened at $106.67 on Friday. The company has a market capitalization of $458.68 million, a PE ratio of -92.16 and a beta of 0.18. The firm has a 50-day simple moving average of $107.66 and a two-hundred day simple moving average of $106.79. Invesco CurrencyShares Euro Trust has a 52 week low of $94.08 and a 52 week high of $110.01.
About Invesco CurrencyShares Euro Trust
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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