Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Stock Price Pass Below Two Hundred Day Moving Average – Should You Sell?

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $61.01 and traded as low as $60.98. Invesco CurrencyShares Japanese Yen Trust shares last traded at $61.04, with a volume of 446,439 shares traded.

Invesco CurrencyShares Japanese Yen Trust Trading Down 0.3 %

The firm has a 50 day simple moving average of $60.95 and a 200 day simple moving average of $61.01. The firm has a market capitalization of $408.97 million, a PE ratio of -114.95 and a beta of 0.16.

Hedge Funds Weigh In On Invesco CurrencyShares Japanese Yen Trust

Hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 1.6% in the 4th quarter. Captrust Financial Advisors now owns 23,977 shares of the exchange traded fund’s stock worth $1,406,000 after buying an additional 387 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Invesco CurrencyShares Japanese Yen Trust by 3.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock worth $1,581,000 after purchasing an additional 1,020 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the fourth quarter worth approximately $64,000. National Bank of Canada FI boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% during the 3rd quarter. National Bank of Canada FI now owns 14,452 shares of the exchange traded fund’s stock worth $929,000 after acquiring an additional 2,924 shares during the last quarter. Finally, HBW Advisory Services LLC grew its holdings in Invesco CurrencyShares Japanese Yen Trust by 25.4% during the fourth quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock valued at $852,000 after purchasing an additional 2,943 shares during the period.

Invesco CurrencyShares Japanese Yen Trust Company 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.