Traders Purchase Large Volume of Invesco CurrencyShares Japanese Yen Trust Call Options (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) saw unusually large options trading on Monday. Stock investors bought 2,674 call options on the stock. This is an increase of 103% compared to the average volume of 1,320 call options.

Invesco CurrencyShares Japanese Yen Trust Stock Up 1.1%

Shares of FXY stock opened at $60.36 on Wednesday. Invesco CurrencyShares Japanese Yen Trust has a 12 month low of $57.74 and a 12 month high of $65.64. The firm has a market cap of $473.83 million, a PE ratio of -117.92 and a beta of 0.19. The stock has a 50 day moving average of $58.74 and a 200-day moving average of $60.56.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

A number of hedge funds have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC increased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 433.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 800 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 650 shares during the period. Newbridge Financial Services Group Inc. grew its position in Invesco CurrencyShares Japanese Yen Trust by 50.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 300 shares in the last quarter. Delos Wealth Advisors LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust during the second quarter worth about $75,000. BNP Paribas Financial Markets bought a new position in Invesco CurrencyShares Japanese Yen Trust during the third quarter valued at about $81,000. Finally, Clearstead Advisors LLC acquired a new position in Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at approximately $82,000.

Invesco CurrencyShares Japanese Yen Trust Company 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. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.