Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Cross Above Fifty Day Moving Average of $121.96

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXBGet Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $121.96 and traded as high as $122.84. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $122.09, with a volume of 60,310 shares changing hands.

Invesco CurrencyShares British Pound Sterling Trust Stock Performance

The business’s fifty day moving average price is $121.96 and its two-hundred day moving average price is $120.67.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

Institutional investors have recently bought and sold shares of the stock. Qube Research & Technologies Ltd bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at approximately $35,000. Geneos Wealth Management Inc. acquired a new position in Invesco CurrencyShares British Pound Sterling Trust during the 4th quarter worth $51,000. Royal Bank of Canada boosted its holdings in Invesco CurrencyShares British Pound Sterling Trust by 417.5% during the third quarter. Royal Bank of Canada now owns 1,035 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 835 shares during the period. Brookstone Capital Management bought a new stake in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at about $259,000. Finally, Neuberger Berman Group LLC bought a new stake in Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at about $267,000.

About Invesco CurrencyShares British Pound Sterling Trust

(Get Free Report)

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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