3EDGE Asset Management LP decreased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Free Report) by 69.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,799 shares of the exchange traded fund’s stock after selling 13,494 shares during the period. 3EDGE Asset Management LP owned approximately 0.07% of Invesco CurrencyShares Japanese Yen Trust worth $361,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in FXY. Steward Partners Investment Advisory LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 433.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 800 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 650 shares during the last quarter. Checchi Capital Advisers LLC increased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 6.1% in the second quarter. Checchi Capital Advisers LLC now owns 15,127 shares of the exchange traded fund’s stock valued at $967,000 after buying an additional 874 shares in the last quarter. Delos Wealth Advisors LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter valued at $75,000. Comerica Bank acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter valued at $96,000. Finally, Parallel Advisors LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter worth $101,000.
Invesco CurrencyShares Japanese Yen Trust Stock Down 0.1%
Shares of NYSEARCA FXY opened at $58.01 on Friday. The stock’s fifty day simple moving average is $58.72 and its 200 day simple moving average is $60.66. The stock has a market capitalization of $461.18 million, a price-to-earnings ratio of -117.92 and a beta of 0.19. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $57.74 and a 52-week high of $65.64.
Invesco CurrencyShares Japanese Yen Trust 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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