Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Shares Pass Above 50 Day Moving Average – What’s Next?

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $120.61 and traded as high as $125.01. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.97, with a volume of 11,378 shares trading hands.

Invesco CurrencyShares British Pound Sterling Trust Price Performance

The firm has a 50 day moving average of $120.61 and a two-hundred day moving average of $122.80.

Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust

Hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at about $217,000. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at about $356,000. Capasso Planning Partners LLC acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at about $767,000. Flow Traders U.S. LLC acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter valued at about $1,018,000. Finally, Jane Street Group LLC boosted its stake in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% during the fourth 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 in the last quarter.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

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.