Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Share Price Cross Above Fifty Day Moving Average of $106.23

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Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $106.23 and traded as high as $105.57. Invesco CurrencyShares Euro Trust shares last traded at $105.41, with a volume of 2,019 shares changing hands.

The business’s fifty day moving average price is $106.21 and its 200 day moving average price is $107.08.

Several institutional investors have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of Invesco CurrencyShares Euro Trust by 80.8% in the 2nd quarter. Royal Bank of Canada now owns 1,622 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 725 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $374,000. Marshall Wace LLP increased its holdings in shares of Invesco CurrencyShares Euro Trust by 92.6% in the 2nd quarter. Marshall Wace LLP now owns 6,025 shares of the exchange traded fund’s stock valued at $652,000 after acquiring an additional 2,896 shares during the period. AXA acquired a new position in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $1,473,000. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of Invesco CurrencyShares Euro Trust by 0.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 250,883 shares of the exchange traded fund’s stock valued at $27,163,000 after acquiring an additional 883 shares during the period.

Invesco CurrencyShares Euro Trust Company Profile (NYSEARCA:FXE)

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.

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