HBW Advisory Services LLC Invests $745,000 in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

HBW Advisory Services LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,583 shares of the exchange traded fund’s stock, valued at approximately $745,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Newbridge Financial Services Group Inc. boosted its position in Invesco CurrencyShares Japanese Yen Trust by 60.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,600 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 600 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco CurrencyShares Japanese Yen Trust by 3.3% in the first quarter. Commonwealth Equity Services LLC now owns 24,346 shares of the exchange traded fund’s stock valued at $1,491,000 after acquiring an additional 780 shares during the last quarter. Delphi Financial Group Inc. increased its position in Invesco CurrencyShares Japanese Yen Trust by 25.0% in the first quarter. Delphi Financial Group Inc. now owns 8,000 shares of the exchange traded fund’s stock worth $490,000 after purchasing an additional 1,600 shares during the period. Leuthold Group LLC raised its holdings in Invesco CurrencyShares Japanese Yen Trust by 278.8% during the 1st quarter. Leuthold Group LLC now owns 71,373 shares of the exchange traded fund’s stock worth $4,370,000 after purchasing an additional 52,530 shares during the last quarter. Finally, Private Wealth Advisors LLC acquired a new position in Invesco CurrencyShares Japanese Yen Trust during the 1st quarter valued at about $2,297,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Shares of NYSEARCA FXY traded down $0.80 during mid-day trading on Friday, hitting $62.09. The company’s stock had a trading volume of 174,630 shares, compared to its average volume of 172,756. Invesco CurrencyShares Japanese Yen Trust has a one year low of $57.17 and a one year high of $66.12. The company’s fifty day simple moving average is $63.65 and its 200-day simple moving average is $60.85. The stock has a market cap of $388.06 million, a price-to-earnings ratio of -111.06 and a beta of 0.10.

Invesco CurrencyShares Japanese Yen Trust Profile

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.