Evergreen Capital Management LLC lessened its position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) by 24.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,516 shares of the exchange traded fund’s stock after selling 11,570 shares during the quarter. Evergreen Capital Management LLC owned 0.43% of Invesco CurrencyShares Japanese Yen Trust worth $2,209,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in FXY. Steward Partners Investment Advisory LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 433.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 800 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 650 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the second quarter worth approximately $75,000. Comerica Bank bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth approximately $96,000. Parallel Advisors LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter valued at $101,000. Finally, Raab & Moskowitz Asset Management LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter valued at $209,000.
Invesco CurrencyShares Japanese Yen Trust Stock Up 0.4%
FXY stock opened at $58.18 on Monday. Invesco CurrencyShares Japanese Yen Trust has a twelve month low of $57.74 and a twelve month high of $65.64. The firm has a market cap of $465.44 million, a price-to-earnings ratio of -117.92 and a beta of 0.19. The business’s fifty day simple moving average is $58.84 and its two-hundred day simple moving average is $60.77.
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. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.
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