Pekin Hardy Strauss Inc. Makes New Investment in Invesco CurrencyShares Euro Trust $FXE

Pekin Hardy Strauss Inc. bought a new stake in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,500 shares of the exchange traded fund’s stock, valued at approximately $490,000. Pekin Hardy Strauss Inc. owned about 0.09% of Invesco CurrencyShares Euro Trust at the end of the most recent quarter.

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 Invesco CurrencyShares Euro Trust during the 1st quarter valued at approximately $25,000. Farther Finance Advisors LLC acquired a new stake in Invesco CurrencyShares Euro Trust in the second quarter worth $30,000. Parallel Advisors LLC bought a new stake in Invesco CurrencyShares Euro Trust in the second quarter valued at $113,000. North Star Investment Management Corp. lifted its stake in Invesco CurrencyShares Euro Trust by 20.5% in the second 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. Finally, Comerica Bank acquired a new position in shares of Invesco CurrencyShares Euro Trust during the first quarter valued at $185,000.

Invesco CurrencyShares Euro Trust Stock Performance

Invesco CurrencyShares Euro Trust stock opened at $106.67 on Friday. Invesco CurrencyShares Euro Trust has a one year low of $94.08 and a one year high of $110.01. The company has a 50-day simple moving average of $107.66 and a 200-day simple moving average of $106.78. The firm has a market capitalization of $458.68 million, a P/E ratio of -92.16 and a beta of 0.18.

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.