Virtu Financial LLC Reduces Stake in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

Virtu Financial LLC lessened its stake in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 26.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,695 shares of the exchange traded fund’s stock after selling 3,509 shares during the quarter. Virtu Financial LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $959,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in FXE. Fiduciary Financial Group LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust in the second quarter worth about $411,000. Voisard Asset Management Group Inc. bought a new stake in Invesco CurrencyShares Euro Trust during the 2nd quarter worth approximately $85,000. Leuthold Group LLC lifted its stake in Invesco CurrencyShares Euro Trust by 0.7% in the 1st quarter. Leuthold Group LLC now owns 45,912 shares of the exchange traded fund’s stock worth $4,578,000 after purchasing an additional 300 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco CurrencyShares Euro Trust by 1.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 14,341 shares of the exchange traded fund’s stock valued at $1,430,000 after purchasing an additional 179 shares during the period. Finally, Acima Private Wealth LLC grew its position in shares of Invesco CurrencyShares Euro Trust by 2.5% during the 4th quarter. Acima Private Wealth LLC now owns 29,984 shares of the exchange traded fund’s stock valued at $3,060,000 after purchasing an additional 743 shares in the last quarter.

Invesco CurrencyShares Euro Trust Stock Performance

NYSEARCA:FXE opened at $102.57 on Thursday. The firm has a market capitalization of $189.75 million, a price-to-earnings ratio of -88.15 and a beta of 0.22. Invesco CurrencyShares Euro Trust has a 52-week low of $96.42 and a 52-week high of $103.46. The stock has a fifty day moving average of $101.50 and a 200 day moving average of $100.31.

Invesco CurrencyShares Euro Trust 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.