Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) Stock Price Cross Above 200-Day Moving Average – What’s Next?

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $69.06 and traded as high as $70.71. Invesco CurrencyShares Canadian Dollar Trust shares last traded at $70.64, with a volume of 66,317 shares traded.

Invesco CurrencyShares Canadian Dollar Trust Price Performance

The stock has a 50-day moving average price of $68.66 and a two-hundred day moving average price of $69.06.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FXC. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco CurrencyShares Canadian Dollar Trust during the fourth quarter valued at approximately $4,968,000. Jane Street Group LLC increased its position in Invesco CurrencyShares Canadian Dollar Trust by 66.7% during the 4th quarter. Jane Street Group LLC now owns 23,280 shares of the exchange traded fund’s stock valued at $1,584,000 after buying an additional 9,316 shares in the last quarter. Finally, Susquehanna International Group LLP raised its stake in Invesco CurrencyShares Canadian Dollar Trust by 71.4% during the fourth quarter. Susquehanna International Group LLP now owns 32,912 shares of the exchange traded fund’s stock valued at $2,239,000 after buying an additional 13,712 shares during the last quarter.

About Invesco CurrencyShares Canadian Dollar Trust

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets.