Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Pass Above 50-Day Moving Average of $125.05

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $125.05 and traded as high as $128.25. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $128.16, with a volume of 6,967 shares trading hands.

Invesco CurrencyShares British Pound Sterling Trust Price Performance

The company has a 50-day moving average price of $125.05 and a 200-day moving average price of $122.91.

Institutional Investors Weigh In On Invesco CurrencyShares British Pound Sterling Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC acquired a new stake in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter worth about $818,000. Scarborough Advisors LLC acquired a new stake in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter worth about $191,000. Mather Group LLC. acquired a new stake in Invesco CurrencyShares British Pound Sterling Trust during the first quarter worth about $102,000. Finally, Comerica Bank acquired a new stake in Invesco CurrencyShares British Pound Sterling Trust during the first quarter worth about $36,000.

About Invesco CurrencyShares British Pound Sterling Trust

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.