Tortoise Investment Management LLC bought a new stake in Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,545 shares of the exchange traded fund’s stock, valued at approximately $204,000. Tortoise Investment Management LLC owned approximately 0.22% of Invesco CurrencyShares British Pound Sterling Trust at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of Montreal Can bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the 2nd quarter valued at $560,000. Haven Private LLC acquired a new position in Invesco CurrencyShares British Pound Sterling Trust in the 2nd quarter worth about $591,000. Worth Asset Management LLC bought a new position in Invesco CurrencyShares British Pound Sterling Trust in the second quarter valued at about $607,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the first quarter valued at about $1,537,000.
Invesco CurrencyShares British Pound Sterling Trust Stock Performance
NYSEARCA:FXB opened at $126.65 on Monday. The stock’s 50-day moving average is $128.50 and its 200-day moving average is $129.14. Invesco CurrencyShares British Pound Sterling Trust has a 1-year low of $116.74 and a 1-year high of $132.44.
Invesco CurrencyShares British Pound Sterling Trust Company Profile
Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.
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