Investors Purchase High Volume of Invesco CurrencyShares Japanese Yen Trust Call Options (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the recipient of unusually large options trading on Thursday. Investors bought 12,295 call options on the company. This represents an increase of approximately 222% compared to the average volume of 3,819 call options.

Institutional Investors Weigh In On Invesco CurrencyShares Japanese Yen Trust

Several large investors have recently modified their holdings of FXY. Captrust Financial Advisors boosted its holdings in 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 worth $1,797,000 after acquiring an additional 486 shares in the last quarter. CreativeOne Wealth LLC increased its holdings 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 acquiring an additional 512 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 1st quarter worth about $32,000. Creative Planning raised its position in shares of Invesco CurrencyShares Japanese Yen Trust by 9.4% in the 3rd quarter. Creative Planning now owns 7,881 shares of the exchange traded fund’s stock worth $490,000 after purchasing an additional 674 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 4th quarter worth about $45,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

FXY stock traded up $1.26 during trading on Thursday, reaching $58.99. 309,513 shares of the stock traded hands, compared to its average volume of 224,171. The firm has a market capitalization of $457.16 million, a PE ratio of -117.92 and a beta of 0.19. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $55.96 and a 52-week high of $63.26. The business’s 50 day moving average price is $57.07 and its 200-day moving average price is $57.60.

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.