Parallel Advisors LLC Makes New $101,000 Investment in Invesco CurrencyShares Japanese Yen Trust $FXY

Parallel Advisors LLC bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,580 shares of the exchange traded fund’s stock, valued at approximately $101,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 34.2% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 1,018,666 shares of the exchange traded fund’s stock valued at $62,648,000 after purchasing an additional 259,826 shares during the last quarter. Avalon Capital Management purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter valued at $5,822,000. Private Wealth Advisors LLC lifted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 9.3% during the 1st quarter. Private Wealth Advisors LLC now owns 79,418 shares of the exchange traded fund’s stock valued at $4,884,000 after purchasing an additional 6,790 shares during the last quarter. Silverleafe Capital Partners LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter valued at $4,203,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Invesco CurrencyShares Japanese Yen Trust by 33.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,847 shares of the exchange traded fund’s stock valued at $4,111,000 after acquiring an additional 16,847 shares during the period.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Shares of FXY stock opened at $61.84 on Thursday. The firm has a market capitalization of $596.76 million, a price-to-earnings ratio of -117.92 and a beta of 0.05. The business has a fifty day moving average of $62.33 and a 200 day moving average of $62.98. Invesco CurrencyShares Japanese Yen Trust has a 1 year low of $58.25 and a 1 year high of $65.64.

Invesco CurrencyShares Japanese Yen Trust Company Profile

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.