Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Share Price Cross Below 200 Day Moving Average of $99.84

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $99.84 and traded as low as $98.67. Invesco CurrencyShares Euro Trust shares last traded at $98.90, with a volume of 18,983 shares trading hands.

Invesco CurrencyShares Euro Trust Trading Down 0.3 %

The company has a 50 day simple moving average of $99.80 and a two-hundred day simple moving average of $99.85. The firm has a market capitalization of $182.96 million, a P/E ratio of -87.41 and a beta of 0.21.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 8th. Stockholders of record on Tuesday, April 2nd were issued a $0.1973 dividend. The ex-dividend date was Monday, April 1st. This is an increase from Invesco CurrencyShares Euro Trust’s previous dividend of $0.14.

Hedge Funds Weigh In On Invesco CurrencyShares Euro Trust

Several institutional investors have recently bought and sold shares of FXE. Commonwealth Equity Services LLC grew its position in shares of Invesco CurrencyShares Euro Trust by 1.0% during the third quarter. Commonwealth Equity Services LLC now owns 12,073 shares of the exchange traded fund’s stock valued at $1,180,000 after purchasing an additional 121 shares in the last quarter. Western Pacific Wealth Management LP bought a new position in Invesco CurrencyShares Euro Trust during the third quarter valued at approximately $49,000. Acima Private Wealth LLC grew its holdings in Invesco CurrencyShares Euro Trust by 2.5% during the 4th quarter. Acima Private Wealth LLC now owns 29,984 shares of the exchange traded fund’s stock valued at $3,060,000 after buying an additional 743 shares in the last quarter. Leuthold Group LLC increased its stake in Invesco CurrencyShares Euro Trust by 2.0% in the 4th quarter. Leuthold Group LLC now owns 45,612 shares of the exchange traded fund’s stock worth $4,654,000 after acquiring an additional 886 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of Invesco CurrencyShares Euro Trust by 1.3% during the 4th quarter. UBS Group AG now owns 93,956 shares of the exchange traded fund’s stock worth $9,587,000 after acquiring an additional 1,160 shares in the last quarter.

About Invesco CurrencyShares Euro Trust

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.