Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Share Price Cross Below 50 Day Moving Average of $121.70

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $121.70 and traded as low as $121.43. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $121.47, with a volume of 14,125 shares.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.6 %

The company’s 50-day simple moving average is $121.80 and its 200 day simple moving average is $121.75.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust

A number of large investors have recently made changes to their positions in the business. Comerica Bank purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the 1st quarter valued at approximately $36,000. Geneos Wealth Management Inc. purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter worth $51,000. Mather Group LLC. acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the first quarter worth $102,000. Scarborough Advisors LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at $107,000. Finally, Brookstone Capital Management purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter valued at $259,000.

About Invesco CurrencyShares British Pound Sterling Trust

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.