Mutual Advisors LLC Increases Position in Invesco CurrencyShares Euro Trust $FXE

Mutual Advisors LLC grew its holdings in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 20.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 6,445 shares of the exchange traded fund’s stock after acquiring an additional 1,084 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $699,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new position in shares of Invesco CurrencyShares Euro Trust during the first quarter worth about $25,000. Farther Finance Advisors LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter worth about $30,000. Parallel Advisors LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter worth about $113,000. North Star Investment Management Corp. increased its stake in shares of Invesco CurrencyShares Euro Trust by 20.5% during the second quarter. North Star Investment Management Corp. now owns 1,383 shares of the exchange traded fund’s stock worth $150,000 after acquiring an additional 235 shares during the period. Finally, Comerica Bank acquired a new position in shares of Invesco CurrencyShares Euro Trust during the first quarter worth about $185,000.

Invesco CurrencyShares Euro Trust Stock Down 0.1%

Shares of Invesco CurrencyShares Euro Trust stock opened at $107.70 on Friday. Invesco CurrencyShares Euro Trust has a 52-week low of $94.08 and a 52-week high of $110.01. The company’s 50-day simple moving average is $107.89 and its 200-day simple moving average is $106.39. The firm has a market cap of $468.50 million, a price-to-earnings ratio of -92.16 and a beta of 0.13.

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.