Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Shares Sold by Solstein Capital LLC

Solstein Capital LLC reduced its position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 38.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,650 shares of the exchange traded fund’s stock after selling 4,755 shares during the quarter. Solstein Capital LLC owned about 0.12% of Invesco CurrencyShares Japanese Yen Trust worth $448,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empowered Funds LLC purchased a new stake in Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth approximately $7,513,000. Investment House LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth about $441,000. Raymond James Financial Inc. purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the fourth quarter valued at about $232,000. HBW Advisory Services LLC grew its stake in Invesco CurrencyShares Japanese Yen Trust by 25.4% during the 4th quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock valued at $852,000 after purchasing an additional 2,943 shares in the last quarter. Finally, National Bank of Canada FI grew its stake in Invesco CurrencyShares Japanese Yen Trust by 25.4% during the 3rd quarter. National Bank of Canada FI now owns 14,452 shares of the exchange traded fund’s stock valued at $929,000 after purchasing an additional 2,924 shares in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.4 %

Shares of FXY opened at $62.84 on Friday. The firm has a market cap of $421.03 million, a price-to-earnings ratio of -114.95 and a beta of 0.16. The business’s 50 day moving average is $61.29 and its two-hundred day moving average is $60.88. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $57.17 and a 52-week high of $65.88.

Invesco CurrencyShares Japanese Yen Trust Company Profile

Guggenheim CurrencyShares Japanese Yen Trust, formerly CurrencyShares Japanese Yen Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Japanese Yen plus accrued interest, if any, less the expenses of the Trust’s operations.