Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Stock Price Cross Below 200 Day Moving Average of $99.78

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.78 and traded as low as $98.33. Invesco CurrencyShares Euro Trust shares last traded at $98.34, with a volume of 19,028 shares changing hands.

Invesco CurrencyShares Euro Trust Trading Down 0.2 %

The firm has a market cap of $231.10 million, a P/E ratio of -90.02 and a beta of 0.13. The firm has a 50-day simple moving average of $99.86 and a 200-day simple moving average of $99.78.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 8th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1973 per share. The ex-dividend date was Monday, April 1st. This is a boost from Invesco CurrencyShares Euro Trust’s previous dividend of $0.14.

Institutional Trading of Invesco CurrencyShares Euro Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Acima Private Wealth LLC grew its stake in Invesco CurrencyShares Euro Trust by 2.5% during the 4th quarter. Acima Private Wealth LLC now owns 29,984 shares of the exchange traded fund’s stock worth $3,060,000 after buying an additional 743 shares during the last quarter. Virtu Financial LLC grew its stake in Invesco CurrencyShares Euro Trust by 9.3% during the 4th quarter. Virtu Financial LLC now owns 37,198 shares of the exchange traded fund’s stock worth $3,796,000 after buying an additional 3,171 shares during the last quarter. O Dell Group LLC purchased a new position in Invesco CurrencyShares Euro Trust during the 4th quarter worth $31,000. OLD Mission Capital LLC purchased a new position in Invesco CurrencyShares Euro Trust during the 4th quarter worth $281,000. Finally, UBS Group AG grew its stake in Invesco CurrencyShares Euro Trust by 1.3% during the 4th quarter. UBS Group AG now owns 93,956 shares of the exchange traded fund’s stock worth $9,587,000 after buying an additional 1,160 shares during the last quarter.

Invesco CurrencyShares Euro Trust Company 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.