JPMorgan Chase & Co. Sells 2,320,208 Shares of Invesco CurrencyShares Japanese Yen Trust $FXY

JPMorgan Chase & Co. lowered its holdings in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 99.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,086 shares of the exchange traded fund’s stock after selling 2,320,208 shares during the quarter. JPMorgan Chase & Co. owned 0.11% of Invesco CurrencyShares Japanese Yen Trust worth $565,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of FXY. Comerica Bank bought a new position in Invesco CurrencyShares Japanese Yen Trust during the first quarter valued at $96,000. Goldman Sachs Group Inc. lifted its position in Invesco CurrencyShares Japanese Yen Trust by 33.7% during the first quarter. Goldman Sachs Group Inc. now owns 66,847 shares of the exchange traded fund’s stock valued at $4,111,000 after purchasing an additional 16,847 shares during the last quarter. Camarda Financial Advisors LLC bought a new position in Invesco CurrencyShares Japanese Yen Trust during the second quarter valued at $2,159,000. Ameriprise Financial Inc. bought a new position in Invesco CurrencyShares Japanese Yen Trust during the second quarter valued at $248,000. Finally, Two Sigma Securities LLC bought a new position in Invesco CurrencyShares Japanese Yen Trust during the second quarter valued at $459,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

FXY stock opened at $57.64 on Monday. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $57.25 and a 52 week high of $65.64. The company has a fifty day simple moving average of $58.40 and a two-hundred day simple moving average of $59.13. The firm has a market capitalization of $484.18 million, a P/E ratio of -117.92 and a beta of 0.21.

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.