17,920 Shares in Invesco CurrencyShares Euro Trust $FXE Purchased by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC purchased a new stake in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) during the third quarter, HoldingsChannel.com reports. The firm purchased 17,920 shares of the exchange traded fund’s stock, valued at approximately $1,942,000.

Several other institutional investors and hedge funds have also bought and sold shares of FXE. BNP Paribas Financial Markets bought a new stake in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter worth approximately $10,879,000. Advisory Services Network LLC bought a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter valued at approximately $4,796,000. Raymond James Financial Inc. lifted its stake in Invesco CurrencyShares Euro Trust by 37.3% in the second quarter. Raymond James Financial Inc. now owns 93,269 shares of the exchange traded fund’s stock worth $10,147,000 after acquiring an additional 25,356 shares during the period. Corient Private Wealth LLC bought a new stake in Invesco CurrencyShares Euro Trust in the second quarter valued at $1,889,000. Finally, NWF Advisory Services Inc. bought a new stake in Invesco CurrencyShares Euro Trust in the second quarter valued at $1,870,000.

Invesco CurrencyShares Euro Trust Trading Down 0.3%

Shares of NYSEARCA FXE opened at $107.47 on Friday. Invesco CurrencyShares Euro Trust has a 12 month low of $94.08 and a 12 month high of $110.01. The firm has a market capitalization of $419.13 million, a PE ratio of -92.16 and a beta of 0.18. The firm has a fifty day simple moving average of $107.47 and a two-hundred day simple moving average of $107.64.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 8th. Investors of record on Friday, January 2nd were given a dividend of $0.0661 per share. This is an increase from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, January 2nd.

Invesco CurrencyShares Euro Trust Company 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. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities.