Flagship Harbor Advisors LLC Has $65,000 Position in Invesco CurrencyShares Euro Trust $FXE

Flagship Harbor Advisors LLC lowered its holdings in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 92.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 595 shares of the exchange traded fund’s stock after selling 7,826 shares during the period. Flagship Harbor Advisors LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $65,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nvwm LLC raised its position in Invesco CurrencyShares Euro Trust by 7.1% during the fourth quarter. Nvwm LLC now owns 1,425 shares of the exchange traded fund’s stock valued at $155,000 after buying an additional 95 shares during the period. Fiduciary Financial Group LLC boosted its position in Invesco CurrencyShares Euro Trust by 2.7% during the 4th quarter. Fiduciary Financial Group LLC now owns 3,812 shares of the exchange traded fund’s stock worth $413,000 after acquiring an additional 102 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Invesco CurrencyShares Euro Trust by 26.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,200 shares of the exchange traded fund’s stock worth $453,000 after acquiring an additional 888 shares during the period. Captrust Financial Advisors grew its stake in Invesco CurrencyShares Euro Trust by 4.4% during the 3rd quarter. Captrust Financial Advisors now owns 22,219 shares of the exchange traded fund’s stock valued at $2,408,000 after acquiring an additional 938 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in Invesco CurrencyShares Euro Trust during the 3rd quarter valued at about $210,000.

Invesco CurrencyShares Euro Trust Price Performance

Shares of FXE opened at $108.54 on Tuesday. The business’s 50-day moving average is $107.73 and its 200-day moving average is $107.69. The company has a market capitalization of $455.87 million, a price-to-earnings ratio of -92.16 and a beta of 0.18. Invesco CurrencyShares Euro Trust has a fifty-two week low of $102.12 and a fifty-two week high of $111.54.

Invesco CurrencyShares Euro Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, April 1st were paid a $0.065 dividend. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date was Wednesday, April 1st.

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.