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

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $63.06 and traded as high as $63.46. Invesco CurrencyShares Australian Dollar Trust shares last traded at $63.04, with a volume of 54,557 shares.

Invesco CurrencyShares Australian Dollar Trust Trading Down 0.9 %

The firm’s fifty day moving average price is $62.24 and its two-hundred day moving average price is $63.06.

Institutional Trading of Invesco CurrencyShares Australian Dollar Trust

Institutional investors and hedge funds have recently made changes to their positions in the company. Fiduciary Financial Group LLC increased its stake in shares of Invesco CurrencyShares Australian Dollar Trust by 4.8% in the fourth quarter. Fiduciary Financial Group LLC now owns 3,725 shares of the exchange traded fund’s stock worth $227,000 after purchasing an additional 171 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Invesco CurrencyShares Australian Dollar Trust in the 4th quarter worth approximately $5,100,000. Finally, Commonwealth Equity Services LLC grew its stake in Invesco CurrencyShares Australian Dollar Trust by 15.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 6,792 shares of the exchange traded fund’s stock valued at $417,000 after buying an additional 898 shares in the last quarter.

Invesco CurrencyShares Australian Dollar Trust Company Profile

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