Virtu Financial LLC Decreases Stake in Invesco CurrencyShares Euro Trust $FXE

Virtu Financial LLC decreased its position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 62.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,462 shares of the exchange traded fund’s stock after selling 17,049 shares during the quarter. Virtu Financial LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $1,135,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FXE. BNP Paribas Financial Markets purchased a new stake in Invesco CurrencyShares Euro Trust during the second quarter valued at about $10,879,000. Empowered Funds LLC purchased a new position in Invesco CurrencyShares Euro Trust in the 4th quarter valued at about $8,224,000. Raymond James Financial Inc. grew its stake in Invesco CurrencyShares Euro Trust by 37.3% during the 2nd quarter. Raymond James Financial Inc. now owns 93,269 shares of the exchange traded fund’s stock valued at $10,147,000 after purchasing an additional 25,356 shares in the last quarter. Creative Planning increased its stake in shares of Invesco CurrencyShares Euro Trust by 631.9% in the third quarter. Creative Planning now owns 28,114 shares of the exchange traded fund’s stock worth $3,047,000 after buying an additional 24,273 shares during the last quarter. Finally, Resurgent Financial Advisors LLC bought a new stake in shares of Invesco CurrencyShares Euro Trust in the 3rd quarter worth about $2,493,000.

Invesco CurrencyShares Euro Trust Price Performance

Shares of NYSEARCA FXE opened at $105.77 on Friday. The stock has a market capitalization of $433.66 million, a P/E ratio of -92.16 and a beta of 0.17. Invesco CurrencyShares Euro Trust has a 52-week low of $105.28 and a 52-week high of $111.54. The stock’s 50 day moving average price is $107.59 and its two-hundred day moving average price is $107.83.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were given a $0.0653 dividend. This is a boost from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 1st.

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. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities.