Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY – Get Free Report) was the target of some unusual options trading activity on Monday. Stock investors bought 33,022 call options on the stock. This represents an increase of approximately 1,391% compared to the typical volume of 2,215 call options.
Invesco CurrencyShares Japanese Yen Trust Price Performance
Invesco CurrencyShares Japanese Yen Trust stock traded down $0.04 during trading hours on Monday, hitting $58.41. The company had a trading volume of 199,672 shares, compared to its average volume of 207,773. The firm has a market capitalization of $438.04 million, a P/E ratio of -117.92 and a beta of 0.20. The firm’s fifty day moving average is $57.92 and its 200-day moving average is $58.77. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $57.22 and a fifty-two week high of $64.76.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 1st quarter worth $32,000. International Assets Investment Management LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 4th quarter worth $45,000. Newbridge Financial Services Group Inc. boosted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 50.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 300 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth $81,000. Finally, Clearstead Advisors LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth $82,000.
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. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.
Featured Articles
Receive News & Ratings for Invesco CurrencyShares Japanese Yen Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco CurrencyShares Japanese Yen Trust and related companies with MarketBeat.com's FREE daily email newsletter.
