MAI Capital Management Has $508,000 Position in Invesco CurrencyShares Swiss Franc Trust $FXF

MAI Capital Management lifted its position in shares of Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) by 114,000.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,564 shares of the company’s stock after purchasing an additional 4,560 shares during the period. MAI Capital Management’s holdings in Invesco CurrencyShares Swiss Franc Trust were worth $508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Nvwm LLC acquired a new stake in Invesco CurrencyShares Swiss Franc Trust in the 2nd quarter valued at about $131,000. North Capital Inc. bought a new stake in Invesco CurrencyShares Swiss Franc Trust in the third quarter valued at approximately $150,000. Cerity Partners LLC bought a new stake in Invesco CurrencyShares Swiss Franc Trust in the second quarter valued at approximately $205,000. Evergreen Capital Management LLC acquired a new stake in shares of Invesco CurrencyShares Swiss Franc Trust in the second quarter valued at approximately $205,000. Finally, PNC Financial Services Group Inc. bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust during the 2nd quarter worth approximately $207,000.

Invesco CurrencyShares Swiss Franc Trust Price Performance

FXF stock opened at $113.32 on Tuesday. Invesco CurrencyShares Swiss Franc Trust has a 1-year low of $98.83 and a 1-year high of $116.30. The business’s 50 day simple moving average is $112.94 and its 200 day simple moving average is $111.47.

About Invesco CurrencyShares Swiss Franc Trust

Guggenheim CurrencyShares Swiss Franc Trust, formerly CurrencyShares Swiss Franc Trust, is a grantor trust. The Trust issues shares (Shares) in blocks of 50,000 (Basket) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Swiss Franc plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are focused to offer investors an opportunity to participate in the market for the Swiss Franc through an investment in securities.