Insigneo Advisory Services LLC Makes New Investment in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Insigneo Advisory Services LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,390 shares of the exchange traded fund’s stock, valued at approximately $195,000. Insigneo Advisory Services LLC owned 0.05% of Invesco CurrencyShares Japanese Yen Trust as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of FXY. Janney Montgomery Scott LLC acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 4th quarter worth approximately $708,000. Advisory Services Network LLC grew its holdings in Invesco CurrencyShares Japanese Yen Trust by 18.7% in the 4th quarter. Advisory Services Network LLC now owns 12,640 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 1,988 shares in the last quarter. Newbridge Financial Services Group Inc. increased its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 60.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,600 shares of the exchange traded fund’s stock worth $105,000 after acquiring an additional 600 shares during the last quarter. Checchi Capital Advisers LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 28.8% during the 1st quarter. Checchi Capital Advisers LLC now owns 7,557 shares of the exchange traded fund’s stock worth $463,000 after acquiring an additional 1,690 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 3.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 24,346 shares of the exchange traded fund’s stock valued at $1,491,000 after acquiring an additional 780 shares during the last quarter.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Shares of NYSEARCA FXY opened at $65.02 on Friday. The company has a market capitalization of $406.38 million, a P/E ratio of -111.06 and a beta of 0.10. The company has a 50 day simple moving average of $63.29 and a 200-day simple moving average of $60.81. Invesco CurrencyShares Japanese Yen Trust has a 1 year low of $57.17 and a 1 year high of $66.12.

Invesco CurrencyShares Japanese Yen Trust 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.