Commonwealth Equity Services LLC Sells 611 Shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

Commonwealth Equity Services LLC cut its stake in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 15,867 shares of the exchange traded fund’s stock after selling 611 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $1,518,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Choreo LLC acquired a new stake in Invesco CurrencyShares Euro Trust during the 4th quarter worth about $220,000. Ping Capital Management Inc. bought a new stake in shares of Invesco CurrencyShares Euro Trust during the 4th quarter valued at about $287,000. Flow Traders U.S. LLC increased its holdings in Invesco CurrencyShares Euro Trust by 131.2% in the third quarter. Flow Traders U.S. LLC now owns 5,729 shares of the exchange traded fund’s stock worth $589,000 after purchasing an additional 3,251 shares in the last quarter. SMART Wealth LLC acquired a new position in Invesco CurrencyShares Euro Trust in the third quarter valued at approximately $912,000. Finally, Perigon Wealth Management LLC bought a new position in shares of Invesco CurrencyShares Euro Trust during the 4th quarter worth approximately $1,029,000.

Invesco CurrencyShares Euro Trust Stock Up 0.3 %

Shares of FXE stock opened at $99.97 on Friday. The firm has a 50 day moving average of $97.66 and a 200-day moving average of $98.29. The company has a market cap of $159.95 million, a price-to-earnings ratio of -88.99 and a beta of 0.18. Invesco CurrencyShares Euro Trust has a 52 week low of $94.08 and a 52 week high of $103.54.

Invesco CurrencyShares Euro Trust Profile

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.