Mesirow Financial Investment Management Inc. purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,956 shares of the exchange traded fund’s stock, valued at approximately $356,000. Mesirow Financial Investment Management Inc. owned 0.59% of Invesco CurrencyShares British Pound Sterling Trust at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. HighTower Advisors LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust in the third quarter worth $217,000. Capasso Planning Partners LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust in the third quarter worth $767,000. Flow Traders U.S. LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust in the third quarter worth $1,018,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter worth $5,136,000.
Invesco CurrencyShares British Pound Sterling Trust Price Performance
NYSEARCA:FXB opened at $124.23 on Friday. The business has a fifty day simple moving average of $120.08 and a two-hundred day simple moving average of $122.92. Invesco CurrencyShares British Pound Sterling Trust has a 1 year low of $116.74 and a 1 year high of $129.21.
Invesco CurrencyShares British Pound Sterling Trust 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.
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