Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Stock Price Cross Below 200 Day Moving Average – Here’s What Happened

Shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $99.89 and traded as low as $95.56. Invesco CurrencyShares Euro Trust shares last traded at $95.66, with a volume of 30,123 shares.

Invesco CurrencyShares Euro Trust Trading Down 1.0 %

The business’s 50-day simple moving average is $97.60 and its two-hundred day simple moving average is $99.86. The company has a market capitalization of $175.14 million, a PE ratio of -88.15 and a beta of 0.22.

Hedge Funds Weigh In On Invesco CurrencyShares Euro Trust

A number of institutional investors have recently made changes to their positions in FXE. Captrust Financial Advisors lifted its position in shares of Invesco CurrencyShares Euro Trust by 3.0% during the third quarter. Captrust Financial Advisors now owns 16,230 shares of the exchange traded fund’s stock worth $1,669,000 after purchasing an additional 470 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in Invesco CurrencyShares Euro Trust during the third quarter valued at approximately $112,000. GFS Advisors LLC lifted its holdings in Invesco CurrencyShares Euro Trust by 75.8% during the 3rd quarter. GFS Advisors LLC now owns 3,222 shares of the exchange traded fund’s stock worth $331,000 after buying an additional 1,389 shares during the last quarter. Flow Traders U.S. LLC grew its position in shares of Invesco CurrencyShares Euro Trust by 131.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 5,729 shares of the exchange traded fund’s stock worth $589,000 after acquiring an additional 3,251 shares in the last quarter. Finally, SMART Wealth LLC acquired a new position in shares of Invesco CurrencyShares Euro Trust in the 3rd quarter worth approximately $912,000.

About Invesco CurrencyShares Euro Trust

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.