Traders Buy Large Volume of Invesco CurrencyShares Japanese Yen Trust Call Options (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the target of unusually large options trading on Thursday. Stock investors purchased 12,985 call options on the company. This represents an increase of 327% compared to the typical daily volume of 3,043 call options.

Invesco CurrencyShares Japanese Yen Trust Trading Up 0.1%

Shares of Invesco CurrencyShares Japanese Yen Trust stock traded up $0.08 on Friday, reaching $57.66. 681,438 shares of the company were exchanged, compared to its average volume of 213,863. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $55.96 and a fifty-two week high of $63.26. The firm has a market capitalization of $446.87 million, a price-to-earnings ratio of -117.92 and a beta of 0.20. The stock has a fifty day moving average price of $56.87 and a 200-day moving average price of $57.80.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

Hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the first quarter worth about $32,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter valued at approximately $45,000. Newbridge Financial Services Group Inc. raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 50.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 300 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at approximately $81,000. Finally, Comerica Bank purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at approximately $96,000.

Invesco CurrencyShares Japanese Yen Trust Company Profile

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.