Glovista Investments LLC lessened its holdings in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report) by 15.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 5,421 shares of the exchange traded fund’s stock after selling 997 shares during the quarter. Glovista Investments LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $546,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Clearstead Advisors LLC boosted its holdings in shares of Invesco CurrencyShares Euro Trust by 37.4% during the third quarter. Clearstead Advisors LLC now owns 569 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 155 shares during the period. Advisors Preferred LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust during the first quarter worth approximately $87,000. EverSource Wealth Advisors LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust during the second quarter worth approximately $99,000. Royal Bank of Canada boosted its holdings in shares of Invesco CurrencyShares Euro Trust by 44.6% during the third quarter. Royal Bank of Canada now owns 1,447 shares of the exchange traded fund’s stock worth $131,000 after acquiring an additional 446 shares during the period. Finally, Commonwealth Equity Services LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust during the third quarter worth approximately $253,000.
Invesco CurrencyShares Euro Trust Trading Up 0.6 %
Shares of NYSEARCA:FXE traded up $0.58 during trading on Friday, reaching $100.76. 20,720 shares of the stock were exchanged, compared to its average volume of 78,237. Invesco CurrencyShares Euro Trust has a 12 month low of $94.35 and a 12 month high of $103.84. The firm has a market cap of $236.79 million, a PE ratio of -90.02 and a beta of 0.13. The stock has a 50-day moving average price of $98.19 and a 200-day moving average price of $99.80.
Invesco CurrencyShares Euro Trust Company Profile
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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