Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Shares Pass Below Two Hundred Day Moving Average of $99.94

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $99.94 and traded as low as $99.37. Invesco CurrencyShares Euro Trust shares last traded at $99.37, with a volume of 23,074 shares changing hands.

Invesco CurrencyShares Euro Trust Stock Performance

The business’s 50-day moving average price is $99.69 and its 200 day moving average price is $99.94. The stock has a market capitalization of $183.84 million, a PE ratio of -87.41 and a beta of 0.21.

Invesco CurrencyShares Euro Trust Increases Dividend

The company also recently declared a dividend, which was paid on Monday, April 8th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1973 per share. This is a positive change from Invesco CurrencyShares Euro Trust’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Western Pacific Wealth Management LP bought a new stake in shares of Invesco CurrencyShares Euro Trust in the 3rd quarter worth approximately $49,000. Cerity Partners LLC bought a new stake in Invesco CurrencyShares Euro Trust in the fourth quarter worth $348,000. Janney Montgomery Scott LLC purchased a new stake in Invesco CurrencyShares Euro Trust during the third quarter valued at about $522,000. Hsbc Holdings PLC bought a new position in shares of Invesco CurrencyShares Euro Trust during the third quarter valued at about $1,057,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Invesco CurrencyShares Euro Trust by 1.0% in the third quarter. Commonwealth Equity Services LLC now owns 12,073 shares of the exchange traded fund’s stock worth $1,180,000 after buying an additional 121 shares during the period.

About Invesco CurrencyShares Euro Trust

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.