Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) Stock Cross Above 200 Day Moving Average – Here’s What Happened

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $70.63 and traded as high as $71.04. Invesco CurrencyShares Canadian Dollar Trust shares last traded at $70.97, with a volume of 19,409 shares.

Invesco CurrencyShares Canadian Dollar Trust Trading Up 0.0%

The stock’s 50 day simple moving average is $69.82 and its two-hundred day simple moving average is $70.63.

Institutional Investors Weigh In On Invesco CurrencyShares Canadian Dollar Trust

A number of institutional investors have recently made changes to their positions in the company. Fiduciary Financial Group LLC increased its position in shares of Invesco CurrencyShares Canadian Dollar Trust by 5.1% during the third quarter. Fiduciary Financial Group LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 164 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Invesco CurrencyShares Canadian Dollar Trust by 45.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 725 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 225 shares during the last quarter. Ancora Advisors LLC bought a new stake in shares of Invesco CurrencyShares Canadian Dollar Trust in the 1st quarter worth $136,000. Bank of America Corp DE increased its holdings in shares of Invesco CurrencyShares Canadian Dollar Trust by 54.7% in the 2nd quarter. Bank of America Corp DE now owns 6,690 shares of the exchange traded fund’s stock worth $480,000 after purchasing an additional 2,366 shares in the last quarter. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Invesco CurrencyShares Canadian Dollar Trust in the third quarter worth $204,000.

Invesco CurrencyShares Canadian Dollar Trust Company Profile

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets.