Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Share Price Pass Below 200 Day Moving Average – What’s Next?

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $61.26 and traded as low as $59.26. Invesco CurrencyShares Japanese Yen Trust shares last traded at $59.36, with a volume of 80,048 shares.

Invesco CurrencyShares Japanese Yen Trust Trading Down 0.6 %

The firm has a 50 day moving average price of $59.58 and a 200-day moving average price of $61.26. The firm has a market cap of $371 million, a PE ratio of -111.06 and a beta of 0.10.

Institutional Investors Weigh In On Invesco CurrencyShares Japanese Yen Trust

Several institutional investors have recently modified their holdings of FXY. HBW Advisory Services LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at $745,000. Diversify Wealth Management LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at about $284,000. Farther Finance Advisors LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter worth about $30,000. Private Wealth Advisors LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 54.9% during the third quarter. Private Wealth Advisors LLC now owns 59,809 shares of the exchange traded fund’s stock worth $3,850,000 after purchasing an additional 21,204 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. boosted its holdings in Invesco CurrencyShares Japanese Yen Trust by 174.8% in the third quarter. Pekin Hardy Strauss Inc. now owns 21,789 shares of the exchange traded fund’s stock valued at $1,401,000 after purchasing an additional 13,859 shares in the last quarter.

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.