Invesco CurrencyShares Japanese Yen Trust Sees Unusually Large Options Volume (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the recipient of unusually large options trading activity on Tuesday. Stock investors acquired 3,149 call options on the company. This represents an increase of 69% compared to the average daily volume of 1,863 call options.

Hedge Funds Weigh In On Invesco CurrencyShares Japanese Yen Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FXY. Bordeaux Wealth Advisors LLC boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 23.5% during the 3rd quarter. Bordeaux Wealth Advisors LLC now owns 8,400 shares of the exchange traded fund’s stock valued at $522,000 after buying an additional 1,600 shares during the period. Delphi Financial Group Inc. acquired a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter valued at $435,000. Spinnaker Trust raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 0.8% during the 3rd quarter. Spinnaker Trust now owns 126,747 shares of the exchange traded fund’s stock valued at $7,882,000 after purchasing an additional 1,056 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 23.8% during the 3rd quarter. Checchi Capital Advisers LLC now owns 8,992 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 1,731 shares in the last quarter. Finally, WCG Wealth Advisors LLC bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter valued at $924,000.

Invesco CurrencyShares Japanese Yen Trust Stock Performance

Invesco CurrencyShares Japanese Yen Trust stock opened at $58.70 on Wednesday. The company has a 50 day moving average price of $61.09 and a 200 day moving average price of $62.30. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $58.65 and a 52 week high of $69.70. The firm has a market capitalization of $352.20 million, a price-to-earnings ratio of -111.15 and a beta of 0.03.

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.