Belpointe Asset Management LLC Buys Shares of 12,897 Invesco CurrencyShares Euro Trust $FXE

Belpointe Asset Management LLC purchased a new position in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,897 shares of the exchange traded fund’s stock, valued at approximately $1,398,000. Belpointe Asset Management LLC owned approximately 0.30% of Invesco CurrencyShares Euro Trust at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FXE. Geneos Wealth Management Inc. purchased a new position in Invesco CurrencyShares Euro Trust in the first quarter valued at about $25,000. Farther Finance Advisors LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter valued at about $30,000. Tortoise Investment Management LLC purchased a new position in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter worth approximately $101,000. Nvwm LLC bought a new position in shares of Invesco CurrencyShares Euro Trust during the 2nd quarter worth approximately $131,000. Finally, TD Waterhouse Canada Inc. purchased a new stake in Invesco CurrencyShares Euro Trust during the second quarter valued at approximately $187,000.

Invesco CurrencyShares Euro Trust Stock Down 0.7%

Shares of FXE opened at $110.30 on Thursday. The company has a 50 day moving average of $107.93 and a two-hundred day moving average of $107.65. Invesco CurrencyShares Euro Trust has a twelve month low of $94.53 and a twelve month high of $111.54. The company has a market cap of $419.14 million, a price-to-earnings ratio of -92.16 and a beta of 0.18.

Invesco CurrencyShares Euro Trust Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 8th. Investors of record on Friday, January 2nd were paid a dividend of $0.0661 per share. This is a positive change from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06. The ex-dividend date was Friday, January 2nd. This represents a c) annualized dividend and a yield of 0.7%.

Invesco CurrencyShares Euro Trust Profile

Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities.