Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Pass Above 50-Day Moving Average of $125.05

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $125.05 and traded as high as $128.25. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $128.16, with a volume of 6,967 shares traded.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.3 %

The company has a fifty day moving average of $125.05 and a 200-day moving average of $122.91.

Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at about $818,000. Scarborough Advisors LLC bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at about $191,000. Mather Group LLC. bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the first quarter valued at about $102,000. Finally, Comerica Bank bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the first quarter valued at about $36,000.

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.