Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $122.99 and traded as low as $121.49. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $121.52, with a volume of 5,898 shares changing hands.

Invesco CurrencyShares British Pound Sterling Trust Stock Down 0.3 %

The firm has a fifty day moving average price of $119.78 and a 200-day moving average price of $123.00.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

Several institutional investors and hedge funds have recently bought and sold shares of FXB. HighTower Advisors LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $217,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter worth $356,000. Jane Street Group LLC lifted its position in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% during the fourth quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock worth $3,079,000 after acquiring an additional 5,706 shares in the last quarter. Capasso Planning Partners LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $767,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $1,018,000.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.