Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) Shares Pass Above 200 Day Moving Average of $71.68

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $71.68 and traded as high as $72.64. Invesco CurrencyShares Canadian Dollar Trust shares last traded at $72.64, with a volume of 6,700 shares.

Invesco CurrencyShares Canadian Dollar Trust Trading Up 0.1 %

The stock’s 50-day moving average is $71.51 and its 200-day moving average is $71.68.

Hedge Funds Weigh In On Invesco CurrencyShares Canadian Dollar Trust

Several hedge funds and other institutional investors have recently made changes to their positions in FXC. Leuthold Group LLC acquired a new stake in Invesco CurrencyShares Canadian Dollar Trust in the 4th quarter valued at $204,000. Fiduciary Financial Group LLC acquired a new position in shares of Invesco CurrencyShares Canadian Dollar Trust during the second quarter worth about $231,000. Virtu Financial LLC purchased a new stake in shares of Invesco CurrencyShares Canadian Dollar Trust in the second quarter worth about $774,000. Bank of Montreal Can acquired a new stake in shares of Invesco CurrencyShares Canadian Dollar Trust in the second quarter valued at about $887,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Invesco CurrencyShares Canadian Dollar Trust during the 2nd quarter valued at about $909,000.

Invesco CurrencyShares Canadian Dollar Trust Company Profile

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets.