7,534 Shares in Invesco CurrencyShares Australian Dollar Trust $FXA Bought by PFG Investments LLC

PFG Investments LLC acquired a new stake in shares of Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) during the 1st quarter, HoldingsChannel reports. The firm acquired 7,534 shares of the exchange traded fund’s stock, valued at approximately $515,000.

Other hedge funds have also recently bought and sold shares of the company. Cibc World Market Inc. grew its position in Invesco CurrencyShares Australian Dollar Trust by 427.3% in the 4th quarter. Cibc World Market Inc. now owns 93,337 shares of the exchange traded fund’s stock worth $6,170,000 after purchasing an additional 75,637 shares in the last quarter. Jane Street Group LLC grew its position in Invesco CurrencyShares Australian Dollar Trust by 156.0% during the second quarter. Jane Street Group LLC now owns 39,451 shares of the exchange traded fund’s stock valued at $2,573,000 after buying an additional 24,043 shares during the period. Flow Traders U.S. LLC purchased a new stake in Invesco CurrencyShares Australian Dollar Trust during the third quarter worth about $487,000. Rockefeller Capital Management L.P. purchased a new stake in Invesco CurrencyShares Australian Dollar Trust during the fourth quarter worth about $359,000. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco CurrencyShares Australian Dollar Trust in the fourth quarter worth about $260,000.

Invesco CurrencyShares Australian Dollar Trust Price Performance

Invesco CurrencyShares Australian Dollar Trust stock opened at $68.60 on Wednesday. Invesco CurrencyShares Australian Dollar Trust has a twelve month low of $63.55 and a twelve month high of $72.02. The firm has a 50 day moving average price of $70.16 and a 200-day moving average price of $69.27.

Invesco CurrencyShares Australian Dollar Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.087 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, July 1st.

About Invesco CurrencyShares Australian Dollar Trust

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