Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Stock Price Pass Below Two Hundred Day Moving Average of $62.42

Shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $62.42 and traded as low as $59.79. Invesco CurrencyShares Japanese Yen Trust shares last traded at $59.82, with a volume of 96,332 shares trading hands.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.2 %

The firm has a market capitalization of $358.92 million, a price-to-earnings ratio of -111.15 and a beta of 0.03. The firm’s 50 day moving average is $61.37 and its 200 day moving average is $62.42.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 4th quarter valued at approximately $206,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at approximately $62,000. Thomas J. Herzfeld Advisors Inc. lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 97.8% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 7,278 shares of the exchange traded fund’s stock valued at $453,000 after acquiring an additional 3,598 shares in the last quarter. Financial Sense Advisors Inc. purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 4th quarter valued at approximately $6,138,000. Finally, Spinnaker Trust lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 0.8% in the 3rd quarter. Spinnaker Trust now owns 126,747 shares of the exchange traded fund’s stock valued at $7,882,000 after acquiring an additional 1,056 shares in the last quarter.

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.