Invesco CurrencyShares Japanese Yen Trust Target of Unusually High Options Trading (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the target of some unusual options trading on Thursday. Stock traders purchased 12,985 call options on the company. This represents an increase of approximately 327% compared to the typical volume of 3,043 call options.

Institutional Investors Weigh In On Invesco CurrencyShares Japanese Yen Trust

Institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. boosted its holdings in Invesco CurrencyShares Japanese Yen Trust by 50.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 300 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 1.6% in the fourth quarter. Captrust Financial Advisors now owns 30,622 shares of the exchange traded fund’s stock valued at $1,797,000 after purchasing an additional 486 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 6.9% during the fourth quarter. CreativeOne Wealth LLC now owns 7,905 shares of the exchange traded fund’s stock valued at $464,000 after purchasing an additional 512 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter valued at about $32,000. Finally, Creative Planning lifted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 9.4% during the third quarter. Creative Planning now owns 7,881 shares of the exchange traded fund’s stock valued at $490,000 after purchasing an additional 674 shares in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Stock Performance

Shares of FXY opened at $57.58 on Friday. The firm has a market capitalization of $446.25 million, a P/E ratio of -117.92 and a beta of 0.20. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $55.96 and a 52 week high of $63.26. The stock has a 50 day moving average price of $56.87 and a two-hundred day moving average price of $57.80.

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. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.