Leuthold Group LLC increased its stake in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report) by 6.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 44,735 shares of the exchange traded fund’s stock after buying an additional 2,829 shares during the quarter. Leuthold Group LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $4,867,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the stock. North Star Investment Management Corp. boosted its holdings in shares of 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 acquiring an additional 235 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Invesco CurrencyShares Euro Trust in the 1st quarter worth $25,000. Farther Finance Advisors LLC bought a new position in Invesco CurrencyShares Euro Trust during the second quarter valued at about $30,000. Tortoise Investment Management LLC acquired a new position in Invesco CurrencyShares Euro Trust during the second quarter worth about $101,000. Finally, Parallel Advisors LLC bought a new stake in Invesco CurrencyShares Euro Trust in the second quarter worth about $113,000.
Invesco CurrencyShares Euro Trust Price Performance
Shares of FXE opened at $107.09 on Friday. The firm’s 50 day moving average is $107.22 and its 200-day moving average is $107.05. Invesco CurrencyShares Euro Trust has a 12-month low of $94.08 and a 12-month high of $110.01. The stock has a market capitalization of $460.49 million, a P/E ratio of -92.16 and a beta of 0.18.
About Invesco CurrencyShares Euro Trust
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.
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Want to see what other hedge funds are holding FXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Free Report).
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