Avalon Capital Management Has $9.35 Million Stock Position in Invesco CurrencyShares Swiss Franc Trust $FXF

Avalon Capital Management raised its stake in shares of Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) by 440.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,796 shares of the company’s stock after purchasing an additional 68,305 shares during the quarter. Invesco CurrencyShares Swiss Franc Trust accounts for 2.2% of Avalon Capital Management’s portfolio, making the stock its 13th largest holding. Avalon Capital Management owned approximately 1.93% of Invesco CurrencyShares Swiss Franc Trust worth $9,352,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FXF. NBT Bank N A NY bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the fourth quarter valued at approximately $28,000. National Bank of Canada FI raised its stake in shares of Invesco CurrencyShares Swiss Franc Trust by 16.9% in the third quarter. National Bank of Canada FI now owns 1,100 shares of the company’s stock valued at $122,000 after acquiring an additional 159 shares during the last quarter. Cerity Partners LLC bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the second quarter valued at approximately $205,000. Evergreen Capital Management LLC bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the second quarter valued at approximately $205,000. Finally, Dakota Wealth Management bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the fourth quarter valued at approximately $206,000.

Invesco CurrencyShares Swiss Franc Trust Trading Down 0.6%

NYSEARCA:FXF opened at $111.38 on Thursday. Invesco CurrencyShares Swiss Franc Trust has a 1 year low of $107.60 and a 1 year high of $116.30. The firm has a 50 day moving average of $112.11 and a 200-day moving average of $112.14.

About Invesco CurrencyShares Swiss Franc Trust

Guggenheim CurrencyShares Swiss Franc Trust, formerly CurrencyShares Swiss Franc Trust, is a grantor trust. The Trust issues shares (Shares) in blocks of 50,000 (Basket) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Swiss Franc plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are focused to offer investors an opportunity to participate in the market for the Swiss Franc through an investment in securities.