Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Share Price Cross Above 50 Day Moving Average – Here’s What Happened

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $122.18 and traded as high as $124.75. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.73, with a volume of 9,553 shares.

Invesco CurrencyShares British Pound Sterling Trust Price Performance

The business has a 50-day simple moving average of $122.18 and a two-hundred day simple moving average of $122.69.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FXB. HighTower Advisors LLC acquired a new stake in Invesco CurrencyShares British Pound Sterling Trust in the 3rd quarter valued at about $217,000. Mesirow Financial Investment Management Inc. acquired a new stake in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at approximately $356,000. Capasso Planning Partners LLC bought a new stake in Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth approximately $767,000. Jane Street Group LLC grew its position in Invesco CurrencyShares British Pound Sterling Trust by 28.8% in the fourth quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock worth $3,079,000 after buying an additional 5,706 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter valued at $5,136,000.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

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.