Parallel Advisors LLC Makes New $113,000 Investment in Invesco CurrencyShares Euro Trust $FXE

Parallel Advisors LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,040 shares of the exchange traded fund’s stock, valued at approximately $113,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FXE. Geneos Wealth Management Inc. purchased a new position in Invesco CurrencyShares Euro Trust during the first quarter worth $25,000. Comerica Bank purchased a new position in Invesco CurrencyShares Euro Trust during the first quarter worth $185,000. Joel Isaacson & Co. LLC purchased a new position in Invesco CurrencyShares Euro Trust during the first quarter worth $298,000. Dynamic Advisor Solutions LLC purchased a new position in Invesco CurrencyShares Euro Trust during the first quarter worth $362,000. Finally, Augustine Asset Management Inc. purchased a new position in Invesco CurrencyShares Euro Trust during the first quarter worth $397,000.

Invesco CurrencyShares Euro Trust Stock Up 0.1%

NYSEARCA FXE opened at $109.05 on Wednesday. The company has a fifty day moving average of $107.73 and a two-hundred day moving average of $105.45. The firm has a market capitalization of $556.16 million, a price-to-earnings ratio of -92.16 and a beta of 0.13. Invesco CurrencyShares Euro Trust has a 52 week low of $94.08 and a 52 week high of $110.01.

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.