Stock Traders Purchase High Volume of Invesco CurrencyShares Japanese Yen Trust Call Options (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the target of some unusual options trading activity on Tuesday. Traders bought 3,149 call options on the company. This represents an increase of approximately 69% compared to the average volume of 1,863 call options.

Hedge Funds Weigh In On Invesco CurrencyShares Japanese Yen Trust

Large investors have recently made changes to their positions in the business. Newbridge Financial Services Group Inc. grew its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 60.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,600 shares of the exchange traded fund’s stock worth $105,000 after acquiring an additional 600 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the fourth quarter worth about $206,000. Delphi Financial Group Inc. acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the third quarter worth about $435,000. Thomas J. Herzfeld Advisors Inc. increased its position in shares of Invesco CurrencyShares Japanese Yen Trust by 97.8% in the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 7,278 shares of the exchange traded fund’s stock worth $453,000 after acquiring an additional 3,598 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 28.8% during the first quarter. Checchi Capital Advisers LLC now owns 7,557 shares of the exchange traded fund’s stock valued at $463,000 after acquiring an additional 1,690 shares during the period.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Shares of Invesco CurrencyShares Japanese Yen Trust stock traded down $0.60 during trading on Tuesday, hitting $58.76. The stock had a trading volume of 107,124 shares, compared to its average volume of 157,000. The business has a fifty day moving average of $61.15 and a two-hundred day moving average of $62.32. The firm has a market cap of $352.56 million, a P/E ratio of -111.15 and a beta of 0.03. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $58.65 and a fifty-two week high of $69.70.

Invesco CurrencyShares Japanese Yen Trust Company Profile

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.