Pekin Hardy Strauss Inc. Grows Position in Invesco CurrencyShares Japanese Yen Trust $FXY

Pekin Hardy Strauss Inc. increased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 95.5% during the second quarter, HoldingsChannel.com reports. The fund owned 61,874 shares of the exchange traded fund’s stock after buying an additional 30,230 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $3,956,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE boosted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 55.1% during the 1st quarter. US Bancorp DE now owns 1,135 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 403 shares during the last quarter. Comerica Bank purchased a new stake in Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at $96,000. Parallel Advisors LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter worth $101,000. Nvwm LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth approximately $193,000. Finally, Pure Financial Advisors LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 2nd quarter valued at approximately $232,000.

Invesco CurrencyShares Japanese Yen Trust Stock Up 0.8%

NYSEARCA:FXY opened at $60.11 on Friday. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $58.25 and a 52 week high of $65.64. The stock’s fifty day moving average is $61.37 and its two-hundred day moving average is $62.59. The company has a market capitalization of $492.90 million, a P/E ratio of -117.92 and a beta of 0.19.

Invesco CurrencyShares Japanese Yen Trust Company Profile

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.