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

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) saw some unusual options trading on Monday. Stock investors purchased 16,619 call options on the stock. This is an increase of 566% compared to the typical daily volume of 2,496 call options.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.2 %

Shares of NYSEARCA FXY opened at $64.43 on Wednesday. The company has a market cap of $431.68 million, a P/E ratio of -116.59 and a beta of 0.18. Invesco CurrencyShares Japanese Yen Trust has a 12 month low of $57.17 and a 12 month high of $65.88. The business’s 50 day moving average is $61.92 and its two-hundred day moving average is $60.81.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FXY. Raymond James Financial Inc. bought a new position in Invesco CurrencyShares Japanese Yen Trust during the fourth quarter valued at about $232,000. Commonwealth Equity Services LLC increased its position in shares of Invesco CurrencyShares Japanese Yen Trust by 3.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock valued at $1,581,000 after purchasing an additional 1,020 shares during the period. Investment House LLC bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the 4th quarter worth about $441,000. Empowered Funds LLC acquired a new position in Invesco CurrencyShares Japanese Yen Trust in the fourth quarter worth about $7,513,000. Finally, HBW Advisory Services LLC lifted its stake in Invesco CurrencyShares Japanese Yen Trust by 25.4% during the fourth quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock worth $852,000 after purchasing an additional 2,943 shares during the period.

About Invesco CurrencyShares Japanese Yen Trust

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.