LPL Financial LLC Decreases Stock Holdings in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

LPL Financial LLC cut its stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 7.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,171 shares of the exchange traded fund’s stock after selling 2,821 shares during the period. LPL Financial LLC owned approximately 0.55% of Invesco CurrencyShares Japanese Yen Trust worth $2,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in Invesco CurrencyShares Japanese Yen Trust during the 4th quarter worth about $232,000. Investment House LLC acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth about $441,000. HBW Advisory Services LLC boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% in the fourth quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock valued at $852,000 after buying an additional 2,943 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 3.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock valued at $1,581,000 after purchasing an additional 1,020 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 4th quarter worth approximately $7,513,000.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.2 %

Invesco CurrencyShares Japanese Yen Trust stock opened at $64.43 on Wednesday. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $57.17 and a 52 week high of $65.88. The firm has a market capitalization of $431.68 million, a PE ratio of -116.59 and a beta of 0.18. The firm’s 50-day simple moving average is $61.92 and its 200 day simple moving average is $60.81.

About Invesco CurrencyShares Japanese Yen Trust

Guggenheim CurrencyShares Japanese Yen Trust, formerly CurrencyShares Japanese Yen Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Japanese Yen plus accrued interest, if any, less the expenses of the Trust’s operations.