Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Shares Pass Below 200 Day Moving Average of $99.98

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $99.98 and traded as low as $99.01. Invesco CurrencyShares Euro Trust shares last traded at $99.13, with a volume of 8,274 shares changing hands.

Invesco CurrencyShares Euro Trust Trading Up 0.1 %

The firm has a market capitalization of $183.39 million, a price-to-earnings ratio of -88.15 and a beta of 0.22. The stock has a fifty day moving average price of $99.53 and a 200-day moving average price of $99.98.

Institutional Investors Weigh In On Invesco CurrencyShares Euro Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC increased its holdings in shares of Invesco CurrencyShares Euro Trust by 1.3% in the first quarter. Commonwealth Equity Services LLC now owns 14,341 shares of the exchange traded fund’s stock valued at $1,430,000 after purchasing an additional 179 shares in the last quarter. Leuthold Group LLC increased its holdings in Invesco CurrencyShares Euro Trust by 0.7% in the first quarter. Leuthold Group LLC now owns 45,912 shares of the exchange traded fund’s stock valued at $4,578,000 after purchasing an additional 300 shares during the last quarter. Acima Private Wealth LLC lifted its stake in Invesco CurrencyShares Euro Trust by 2.5% in the fourth quarter. Acima Private Wealth LLC now owns 29,984 shares of the exchange traded fund’s stock valued at $3,060,000 after buying an additional 743 shares during the period. UBS Group AG boosted its holdings in Invesco CurrencyShares Euro Trust by 1.3% during the fourth 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. Finally, Virtu Financial LLC grew its holdings in Invesco CurrencyShares Euro Trust by 9.3% during the fourth quarter. Virtu Financial LLC now owns 37,198 shares of the exchange traded fund’s stock valued at $3,796,000 after purchasing an additional 3,171 shares during the period.

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.