GFS Advisors LLC Acquires 1,389 Shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

GFS Advisors LLC boosted its holdings in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 75.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,222 shares of the exchange traded fund’s stock after purchasing an additional 1,389 shares during the period. GFS Advisors LLC owned about 0.17% of Invesco CurrencyShares Euro Trust worth $331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Voisard Asset Management Group Inc. purchased a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter valued at approximately $85,000. Fiduciary Financial Group LLC purchased a new position in Invesco CurrencyShares Euro Trust during the 2nd quarter valued at $411,000. Commonwealth Equity Services LLC raised its holdings in Invesco CurrencyShares Euro Trust by 1.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 14,341 shares of the exchange traded fund’s stock worth $1,430,000 after purchasing an additional 179 shares in the last quarter. Finally, Leuthold Group LLC raised its holdings in Invesco CurrencyShares Euro Trust by 0.7% in the 1st quarter. Leuthold Group LLC now owns 45,912 shares of the exchange traded fund’s stock worth $4,578,000 after purchasing an additional 300 shares in the last quarter.

Invesco CurrencyShares Euro Trust Trading Down 0.4 %

Shares of FXE opened at $99.98 on Friday. Invesco CurrencyShares Euro Trust has a 1-year low of $97.89 and a 1-year high of $103.54. The firm’s 50-day moving average price is $101.62 and its 200-day moving average price is $100.57. The firm has a market capitalization of $184.96 million, a price-to-earnings ratio of -88.15 and a beta of 0.22.

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.