Pure Financial Advisors LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,259 shares of the exchange traded fund’s stock, valued at approximately $463,000. Pure Financial Advisors LLC owned approximately 0.08% of Invesco CurrencyShares Euro Trust at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of the stock. North Star Investment Management Corp. grew its holdings in Invesco CurrencyShares Euro Trust by 20.5% during the 2nd quarter. North Star Investment Management Corp. now owns 1,383 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 235 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in Invesco CurrencyShares Euro Trust during the first quarter worth $25,000. Farther Finance Advisors LLC purchased a new position in Invesco CurrencyShares Euro Trust during the second quarter worth $30,000. Parallel Advisors LLC purchased a new position in Invesco CurrencyShares Euro Trust during the second quarter worth $113,000. Finally, Envestnet Asset Management Inc. increased its position in Invesco CurrencyShares Euro Trust by 22.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,105 shares of the exchange traded fund’s stock worth $710,000 after buying an additional 1,295 shares in the last quarter.
Invesco CurrencyShares Euro Trust Stock Performance
Invesco CurrencyShares Euro Trust stock opened at $108.28 on Friday. The stock has a fifty day moving average of $107.76 and a two-hundred day moving average of $105.83. The company has a market capitalization of $503.50 million, a price-to-earnings ratio of -92.16 and a beta of 0.13. Invesco CurrencyShares Euro Trust has a fifty-two week low of $94.08 and a fifty-two week high of $110.01.
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.
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