Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Pass Above 50-Day Moving Average of $116.31

Shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXBGet Rating) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $116.31 and traded as high as $119.20. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $119.18, with a volume of 22,794 shares traded.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.4 %

The firm’s fifty day moving average is $116.31 and its 200 day moving average is $113.34.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewSquare Capital LLC raised its position in shares of Invesco CurrencyShares British Pound Sterling Trust by 2.3% in the third quarter. NewSquare Capital LLC now owns 13,510 shares of the exchange traded fund’s stock valued at $1,449,000 after purchasing an additional 305 shares during the period. Royal Bank of Canada raised its position in shares of Invesco CurrencyShares British Pound Sterling Trust by 417.5% in the third quarter. Royal Bank of Canada now owns 1,035 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 835 shares during the period. Thomas J. Herzfeld Advisors Inc. bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at approximately $104,000. Elmwood Wealth Management Inc. bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $215,000. Finally, Thrive Wealth Management LLC bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $215,000.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

(Get Rating)

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.

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