Traders Purchase Large Volume of Put Options on Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) saw unusually large options trading activity on Monday. Stock traders acquired 4,624 put options on the stock. This represents an increase of 514% compared to the average volume of 753 put options.

Invesco CurrencyShares Euro Trust Stock Performance

Shares of FXE stock opened at $106.18 on Tuesday. Invesco CurrencyShares Euro Trust has a 52-week low of $99.25 and a 52-week high of $111.54. The stock has a market cap of $456.57 million, a price-to-earnings ratio of -92.16 and a beta of 0.18. The firm’s 50-day moving average is $108.34 and its 200-day moving average is $107.89.

Invesco CurrencyShares Euro Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a $0.0667 dividend. This is a positive change from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of Invesco CurrencyShares Euro Trust

Hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets bought a new position in Invesco CurrencyShares Euro Trust during the second quarter worth $10,879,000. Empowered Funds LLC acquired a new position in Invesco CurrencyShares Euro Trust in the 4th quarter valued at about $8,224,000. Advisory Services Network LLC acquired a new position in Invesco CurrencyShares Euro Trust in the 2nd quarter valued at about $4,796,000. Virtu Financial LLC bought a new position in Invesco CurrencyShares Euro Trust in the 3rd quarter valued at about $2,981,000. Finally, Raymond James Financial Inc. raised its holdings in Invesco CurrencyShares Euro Trust by 37.3% in the 2nd quarter. Raymond James Financial Inc. now owns 93,269 shares of the exchange traded fund’s stock valued at $10,147,000 after acquiring an additional 25,356 shares during the period.

About Invesco CurrencyShares Euro Trust

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.