Invesco CurrencyShares Euro Trust $FXE Shares Sold by Virtu Financial LLC

Virtu Financial LLC cut its position in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 62.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,462 shares of the exchange traded fund’s stock after selling 17,049 shares during the period. Virtu Financial LLC owned 0.24% of Invesco CurrencyShares Euro Trust worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in Invesco CurrencyShares Euro Trust in the first quarter valued at approximately $25,000. Farther Finance Advisors LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust during the 3rd quarter worth approximately $90,000. Kestra Advisory Services LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust in the 4th quarter valued at $110,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of Invesco CurrencyShares Euro Trust by 33.8% in the 4th quarter. Osaic Holdings Inc. now owns 1,199 shares of the exchange traded fund’s stock valued at $130,000 after buying an additional 303 shares in the last quarter.

Invesco CurrencyShares Euro Trust Stock Performance

Shares of FXE stock opened at $105.77 on Friday. The stock’s 50-day moving average is $107.59 and its two-hundred day moving average is $107.83. Invesco CurrencyShares Euro Trust has a 1 year low of $105.28 and a 1 year high of $111.54. The firm has a market cap of $433.66 million, a price-to-earnings ratio of -92.16 and a beta of 0.17.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were paid a dividend of $0.0653 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 0.7%. This is a boost from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06.

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.