Broussard Financial Group LLC Invests $4.79 Million in Invesco CurrencyShares Japanese Yen Trust $FXY

Broussard Financial Group LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 81,594 shares of the exchange traded fund’s stock, valued at approximately $4,787,000. Invesco CurrencyShares Japanese Yen Trust comprises 3.9% of Broussard Financial Group LLC’s holdings, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of FXY. Truffle Hound Capital LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter worth $6,221,000. Camarda Financial Advisors LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter worth $2,159,000. Cibc World Market Inc. boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 26.1% in the 3rd quarter. Cibc World Market Inc. now owns 135,643 shares of the exchange traded fund’s stock worth $8,438,000 after buying an additional 28,082 shares during the last quarter. Corient Private Wealth LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter worth $1,605,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 33.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,847 shares of the exchange traded fund’s stock worth $4,111,000 after buying an additional 16,847 shares during the last quarter.

Invesco CurrencyShares Japanese Yen Trust Price Performance

FXY stock opened at $58.63 on Friday. The company has a market cap of $439.73 million, a P/E ratio of -117.92 and a beta of 0.21. Invesco CurrencyShares Japanese Yen Trust has a 1 year low of $57.22 and a 1 year high of $64.76. The stock’s fifty day moving average price is $57.92 and its 200-day moving average price is $58.80.

About Invesco CurrencyShares Japanese Yen Trust

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.