Pekin Hardy Strauss Inc. Sells 19,625 Shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Pekin Hardy Strauss Inc. cut its position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 71.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,930 shares of the exchange traded fund’s stock after selling 19,625 shares during the quarter. Pekin Hardy Strauss Inc. owned about 0.13% of Invesco CurrencyShares Japanese Yen Trust worth $456,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Walleye Trading LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter valued at approximately $306,000. Janney Montgomery Scott LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter valued at approximately $708,000. National Bank of Canada FI boosted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 48.2% during the second quarter. National Bank of Canada FI now owns 11,528 shares of the exchange traded fund’s stock valued at $660,000 after purchasing an additional 3,749 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 60.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,600 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 600 shares in the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 18.7% during the fourth quarter. Advisory Services Network LLC now owns 12,640 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 1,988 shares in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Stock Down 1.1 %

NYSEARCA FXY opened at $64.99 on Wednesday. Invesco CurrencyShares Japanese Yen Trust has a twelve month low of $57.17 and a twelve month high of $66.12. The firm has a market capitalization of $406.19 million, a PE ratio of -111.06 and a beta of 0.10. The stock’s 50 day moving average is $62.18 and its 200 day moving average is $60.66.

Invesco CurrencyShares Japanese Yen Trust 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.