Stock Traders Buy High Volume of Call Options on Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the target of some unusual options trading on Monday. Investors purchased 2,674 call options on the stock. This is an increase of approximately 103% compared to the typical volume of 1,320 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC lifted its position 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 worth $51,000 after acquiring an additional 650 shares during the last quarter. Newbridge Financial Services Group Inc. grew its position in shares of Invesco CurrencyShares Japanese Yen Trust by 50.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 300 shares during the last quarter. Delos Wealth Advisors LLC bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the second quarter worth approximately $75,000. BNP Paribas Financial Markets acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth approximately $81,000. Finally, Clearstead Advisors LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth approximately $82,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

FXY stock opened at $59.69 on Tuesday. Invesco CurrencyShares Japanese Yen Trust has a one year low of $57.74 and a one year high of $65.64. The stock has a market cap of $468.57 million, a price-to-earnings ratio of -117.92 and a beta of 0.19. The company has a fifty day moving average price of $58.72 and a two-hundred day moving average price of $60.58.

About Invesco CurrencyShares Japanese Yen Trust

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.