Janney Montgomery Scott LLC Makes New $370,000 Investment in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Janney Montgomery Scott LLC bought a new position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,010 shares of the exchange traded fund’s stock, valued at approximately $370,000.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 94.5% during the 1st quarter. Farther Finance Advisors LLC now owns 428 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 208 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the fourth quarter valued at approximately $64,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter valued at approximately $232,000. Investment House LLC acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the fourth quarter worth $441,000. Finally, HBW Advisory Services LLC lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 25.7% during the first quarter. HBW Advisory Services LLC now owns 18,254 shares of the exchange traded fund’s stock worth $1,123,000 after purchasing an additional 3,728 shares in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Trading Down 1.0%

Shares of FXY stock opened at $63.52 on Friday. The firm has a fifty day simple moving average of $63.76 and a 200-day simple moving average of $61.98. The company has a market capitalization of $813.06 million, a PE ratio of -117.92 and a beta of 0.05. Invesco CurrencyShares Japanese Yen Trust has a twelve month low of $57.17 and a twelve month high of $65.88.

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.