Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.29 and traded as low as $95.96. Invesco CurrencyShares Euro Trust shares last traded at $96.15, with a volume of 29,163 shares trading hands.
Invesco CurrencyShares Euro Trust Stock Performance
The company has a market capitalization of $177.29 million, a PE ratio of -88.15 and a beta of 0.22. The company’s fifty day moving average is $96.18 and its 200-day moving average is $99.26.
Institutional Investors Weigh In On Invesco CurrencyShares Euro Trust
Institutional investors have recently bought and sold shares of the business. GoalVest Advisory LLC bought a new position in shares of Invesco CurrencyShares Euro Trust in the third quarter worth about $112,000. Choreo LLC bought a new position in Invesco CurrencyShares Euro Trust in the 4th quarter worth approximately $220,000. Ping Capital Management Inc. bought a new position in Invesco CurrencyShares Euro Trust in the 4th quarter worth approximately $287,000. GFS Advisors LLC grew its holdings in Invesco CurrencyShares Euro Trust by 75.8% during the 3rd quarter. GFS Advisors LLC now owns 3,222 shares of the exchange traded fund’s stock valued at $331,000 after buying an additional 1,389 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its position in shares of Invesco CurrencyShares Euro Trust by 131.2% during the third quarter. Flow Traders U.S. LLC now owns 5,729 shares of the exchange traded fund’s stock valued at $589,000 after buying an additional 3,251 shares during the last quarter.
About Invesco CurrencyShares Euro Trust
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.
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