Avalon Capital Management increased its stake in Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF – Free Report) by 440.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,796 shares of the company’s stock after purchasing an additional 68,305 shares during the period. Invesco CurrencyShares Swiss Franc Trust accounts for 2.2% of Avalon Capital Management’s portfolio, making the stock its 13th largest holding. Avalon Capital Management’s holdings in Invesco CurrencyShares Swiss Franc Trust were worth $9,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently bought and sold shares of the stock. MONECO Advisors LLC raised its position in Invesco CurrencyShares Swiss Franc Trust by 0.5% in the 3rd quarter. MONECO Advisors LLC now owns 27,526 shares of the company’s stock worth $3,062,000 after purchasing an additional 130 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Invesco CurrencyShares Swiss Franc Trust by 1.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,841 shares of the company’s stock worth $983,000 after purchasing an additional 137 shares during the last quarter. National Bank of Canada FI raised its position in Invesco CurrencyShares Swiss Franc Trust by 16.9% in the 3rd quarter. National Bank of Canada FI now owns 1,100 shares of the company’s stock worth $122,000 after purchasing an additional 159 shares during the last quarter. HighTower Advisors LLC raised its position in Invesco CurrencyShares Swiss Franc Trust by 0.6% in the 3rd quarter. HighTower Advisors LLC now owns 42,043 shares of the company’s stock worth $4,676,000 after purchasing an additional 238 shares during the last quarter. Finally, NBT Bank N A NY bought a new position in Invesco CurrencyShares Swiss Franc Trust in the 4th quarter worth approximately $28,000.
Invesco CurrencyShares Swiss Franc Trust Stock Performance
FXF stock opened at $111.38 on Thursday. The company has a 50 day moving average price of $112.11 and a 200 day moving average price of $112.14. Invesco CurrencyShares Swiss Franc Trust has a fifty-two week low of $107.60 and a fifty-two week high of $116.30.
Invesco CurrencyShares Swiss Franc Trust Company Profile
Guggenheim CurrencyShares Swiss Franc Trust, formerly CurrencyShares Swiss Franc Trust, is a grantor trust. The Trust issues shares (Shares) in blocks of 50,000 (Basket) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Swiss Franc plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are focused to offer investors an opportunity to participate in the market for the Swiss Franc through an investment in securities.
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