CreativeOne Wealth LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,774 shares of the exchange traded fund’s stock, valued at approximately $433,000. CreativeOne Wealth LLC owned about 0.07% of Invesco CurrencyShares Japanese Yen Trust at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of FXY. JPMorgan Chase & Co. bought a new position in Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter worth $148,935,000. Federation des caisses Desjardins du Quebec increased its position in Invesco CurrencyShares Japanese Yen Trust by 34.2% in the first quarter. Federation des caisses Desjardins du Quebec now owns 1,018,666 shares of the exchange traded fund’s stock worth $62,648,000 after buying an additional 259,826 shares in the last quarter. Private Wealth Advisors LLC increased its position in Invesco CurrencyShares Japanese Yen Trust by 9.3% in the first quarter. Private Wealth Advisors LLC now owns 79,418 shares of the exchange traded fund’s stock worth $4,884,000 after buying an additional 6,790 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 33.7% in the first quarter. Goldman Sachs Group Inc. now owns 66,847 shares of the exchange traded fund’s stock worth $4,111,000 after buying an additional 16,847 shares during the period. Finally, Pekin Hardy Strauss Inc. raised its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 95.5% in the second quarter. Pekin Hardy Strauss Inc. now owns 61,874 shares of the exchange traded fund’s stock worth $3,956,000 after buying an additional 30,230 shares during the period.
Invesco CurrencyShares Japanese Yen Trust Trading Up 0.2%
Shares of NYSEARCA:FXY opened at $58.92 on Friday. The company has a market cap of $483.14 million, a PE ratio of -117.92 and a beta of 0.19. Invesco CurrencyShares Japanese Yen Trust has a 12-month low of $58.23 and a 12-month high of $65.64. The stock has a 50 day moving average of $60.32 and a 200 day moving average of $62.03.
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.
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