Atria Wealth Solutions Inc. Cuts Holdings in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

Atria Wealth Solutions Inc. cut its holdings in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 30.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,250 shares of the exchange traded fund’s stock after selling 995 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Invesco CurrencyShares Euro Trust were worth $230,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of FXE. UBS Group AG raised its position in Invesco CurrencyShares Euro Trust by 11.2% during the third quarter. UBS Group AG now owns 92,796 shares of the exchange traded fund’s stock worth $9,066,000 after acquiring an additional 9,324 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Invesco CurrencyShares Euro Trust by 1.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 12,073 shares of the exchange traded fund’s stock worth $1,180,000 after purchasing an additional 121 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Invesco CurrencyShares Euro Trust during the 3rd quarter worth approximately $1,057,000. Janney Montgomery Scott LLC purchased a new stake in Invesco CurrencyShares Euro Trust in the 3rd quarter valued at approximately $522,000. Finally, Cerity Partners LLC acquired a new stake in Invesco CurrencyShares Euro Trust during the 4th quarter valued at $348,000.

Invesco CurrencyShares Euro Trust Stock Up 0.3 %

NYSEARCA FXE opened at $99.53 on Friday. The stock has a market cap of $184.13 million, a price-to-earnings ratio of -88.15 and a beta of 0.22. Invesco CurrencyShares Euro Trust has a fifty-two week low of $96.42 and a fifty-two week high of $103.84. The business has a fifty day moving average of $99.64 and a 200-day moving average of $99.94.

Invesco CurrencyShares Euro Trust Increases Dividend

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

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.