Empowered Funds LLC Makes New $7.51 Million Investment in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Empowered Funds LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 128,161 shares of the exchange traded fund’s stock, valued at approximately $7,513,000. Empowered Funds LLC owned approximately 2.05% of Invesco CurrencyShares Japanese Yen Trust at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Private Wealth Advisors LLC boosted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 54.9% during the third quarter. Private Wealth Advisors LLC now owns 59,809 shares of the exchange traded fund’s stock worth $3,850,000 after buying an additional 21,204 shares during the period. Pekin Hardy Strauss Inc. raised its stake in Invesco CurrencyShares Japanese Yen Trust by 174.8% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 21,789 shares of the exchange traded fund’s stock valued at $1,401,000 after acquiring an additional 13,859 shares during the last quarter. Walleye Trading LLC lifted its position in Invesco CurrencyShares Japanese Yen Trust by 109.2% during the 3rd quarter. Walleye Trading LLC now owns 10,460 shares of the exchange traded fund’s stock worth $673,000 after acquiring an additional 5,460 shares during the period. Diversify Wealth Management LLC purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at approximately $284,000. Finally, Independent Advisor Alliance acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the third quarter valued at approximately $294,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Invesco CurrencyShares Japanese Yen Trust stock opened at $60.73 on Tuesday. The business has a 50 day simple moving average of $59.51 and a 200-day simple moving average of $61.32. Invesco CurrencyShares Japanese Yen Trust has a 12 month low of $57.17 and a 12 month high of $65.88. The stock has a market capitalization of $379.56 million, a PE ratio of -111.06 and a beta of 0.10.

Invesco CurrencyShares Japanese Yen Trust 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.