Almanack Investment Partners LLC. Purchases Shares of 4,725 Invesco CurrencyShares Euro Trust $FXE

Almanack Investment Partners LLC. acquired a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,725 shares of the exchange traded fund’s stock, valued at approximately $514,000. Almanack Investment Partners LLC. owned approximately 0.09% of Invesco CurrencyShares Euro Trust at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new position in Invesco CurrencyShares Euro Trust during the 1st quarter worth approximately $25,000. Farther Finance Advisors LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust during the second quarter valued at approximately $30,000. Parallel Advisors LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter worth approximately $113,000. North Star Investment Management Corp. raised its position in shares of Invesco CurrencyShares Euro Trust by 20.5% during the second quarter. North Star Investment Management Corp. now owns 1,383 shares of the exchange traded fund’s stock worth $150,000 after purchasing an additional 235 shares during the period. Finally, Comerica Bank bought a new position in shares of Invesco CurrencyShares Euro Trust in the 1st quarter worth $185,000.

Invesco CurrencyShares Euro Trust Trading Up 0.5%

Shares of FXE stock opened at $107.16 on Monday. The firm has a fifty day simple moving average of $107.87 and a two-hundred day simple moving average of $106.17. Invesco CurrencyShares Euro Trust has a 12 month low of $94.08 and a 12 month high of $110.01. The firm has a market capitalization of $482.22 million, a PE ratio of -92.16 and a beta of 0.13.

Invesco CurrencyShares Euro Trust Company 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.