Bank of Montreal Can acquired a new position in shares of Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,654 shares of the exchange traded fund’s stock, valued at approximately $369,000. Bank of Montreal Can owned approximately 0.38% of Invesco CurrencyShares Australian Dollar Trust as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of FXA. Cresset Asset Management LLC lifted its holdings in shares of Invesco CurrencyShares Australian Dollar Trust by 7.9% during the 1st quarter. Cresset Asset Management LLC now owns 76,651 shares of the exchange traded fund’s stock worth $4,746,000 after acquiring an additional 5,589 shares during the period. Mutual Advisors LLC bought a new stake in Invesco CurrencyShares Australian Dollar Trust during the second quarter worth $1,727,000. Unconventional Investor LLC acquired a new stake in shares of Invesco CurrencyShares Australian Dollar Trust in the 2nd quarter valued at $509,000. Finally, Haven Private LLC bought a new position in shares of Invesco CurrencyShares Australian Dollar Trust in the 2nd quarter valued at $605,000.
Invesco CurrencyShares Australian Dollar Trust Price Performance
Invesco CurrencyShares Australian Dollar Trust stock opened at $64.49 on Wednesday. Invesco CurrencyShares Australian Dollar Trust has a 52 week low of $58.90 and a 52 week high of $66.32. The stock has a fifty day moving average of $64.92 and a 200-day moving average of $64.56.
Invesco CurrencyShares Australian Dollar Trust 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.
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