12,897 Shares in Invesco CurrencyShares Euro Trust $FXE Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,897 shares of the exchange traded fund’s stock, valued at approximately $1,398,000.

Several other hedge funds also recently added to or reduced their stakes in FXE. Geneos Wealth Management Inc. acquired a new stake in Invesco CurrencyShares Euro Trust during the 1st quarter worth about $25,000. Farther Finance Advisors LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust in the second quarter worth about $30,000. Tortoise Investment Management LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust in the second quarter worth about $101,000. Nvwm LLC acquired a new stake in Invesco CurrencyShares Euro Trust during the second quarter worth about $131,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Invesco CurrencyShares Euro Trust during the second quarter valued at approximately $187,000.

Invesco CurrencyShares Euro Trust Trading Down 0.7%

Invesco CurrencyShares Euro Trust stock opened at $110.30 on Thursday. Invesco CurrencyShares Euro Trust has a 12 month low of $94.53 and a 12 month high of $111.54. The stock’s 50 day simple moving average is $107.93 and its two-hundred day simple moving average is $107.65. The firm has a market cap of $419.14 million, a PE ratio of -92.16 and a beta of 0.18.

Invesco CurrencyShares Euro Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 8th. Investors of record on Friday, January 2nd were issued a dividend of $0.0661 per share. This represents a c) dividend on an annualized basis and a yield of 0.7%. This is a boost from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Friday, January 2nd.

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. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities.