Cibc World Market Inc. Raises Holdings in Invesco CurrencyShares Japanese Yen Trust $FXY

Cibc World Market Inc. boosted its position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 11.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 151,546 shares of the exchange traded fund’s stock after buying an additional 15,903 shares during the period. Cibc World Market Inc.’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $8,891,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FXY. Truffle Hound Capital LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at approximately $6,221,000. Broussard Financial Group LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the 4th quarter valued at approximately $4,787,000. Camarda Financial Advisors LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter valued at approximately $2,159,000. Corient Private Wealth LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter valued at approximately $1,605,000. Finally, Goldman Sachs Group Inc. increased its stake in 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 valued at $4,111,000 after purchasing an additional 16,847 shares in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Price Performance

NYSEARCA FXY opened at $57.31 on Friday. Invesco CurrencyShares Japanese Yen Trust has a 1-year low of $57.22 and a 1-year high of $64.40. The company has a market capitalization of $429.83 million, a P/E ratio of -117.92 and a beta of 0.20. The business has a 50 day moving average price of $57.75 and a 200 day moving average price of $58.40.

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.