Corient Private Wealth LLC Reduces Stock Holdings in Invesco CurrencyShares Euro Trust $FXE

Corient Private Wealth LLC reduced its position in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 62.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,288 shares of the exchange traded fund’s stock after selling 12,335 shares during the quarter. Corient Private Wealth LLC owned approximately 0.17% of Invesco CurrencyShares Euro Trust worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Avalon Capital Management purchased a new stake in Invesco CurrencyShares Euro Trust in the 4th quarter worth about $538,000. Yoder Wealth Management Inc. increased its stake in shares of Invesco CurrencyShares Euro Trust by 127.3% in the fourth quarter. Yoder Wealth Management Inc. now owns 5,000 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 2,800 shares in the last quarter. Fiduciary Financial Group LLC increased its stake in shares of Invesco CurrencyShares Euro Trust by 2.7% in the fourth quarter. Fiduciary Financial Group LLC now owns 3,812 shares of the exchange traded fund’s stock worth $413,000 after purchasing an additional 102 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust in the third quarter valued at approximately $90,000. Finally, Creative Planning raised its position in shares of Invesco CurrencyShares Euro Trust by 631.9% in the third quarter. Creative Planning now owns 28,114 shares of the exchange traded fund’s stock valued at $3,047,000 after purchasing an additional 24,273 shares during the period.

Invesco CurrencyShares Euro Trust Stock Performance

Shares of FXE stock opened at $105.47 on Friday. The firm’s 50 day moving average is $106.93 and its 200 day moving average is $107.66. The stock has a market capitalization of $395.51 million, a P/E ratio of -92.16 and a beta of 0.17. Invesco CurrencyShares Euro Trust has a 12 month low of $104.60 and a 12 month high of $111.54.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st will be paid a $0.0701 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 0.8%. This is an increase from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.07.

Invesco CurrencyShares Euro Trust 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.