Shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $119.81 and traded as high as $122.23. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $122.03, with a volume of 32,614 shares trading hands.
Invesco CurrencyShares British Pound Sterling Trust Stock Performance
The stock has a 50-day moving average of $119.81 and a two-hundred day moving average of $122.96.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in FXB. HighTower Advisors LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust during the 3rd quarter valued at $217,000. Flow Traders U.S. LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust during the 3rd quarter valued at $1,018,000. Capasso Planning Partners LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust during the 3rd quarter valued at $767,000. Jane Street Group LLC boosted its stake in Invesco CurrencyShares British Pound Sterling Trust by 28.8% during the 4th quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock valued at $3,079,000 after purchasing an additional 5,706 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust during the 4th quarter valued at $356,000.
About Invesco CurrencyShares British Pound Sterling Trust
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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