Pure Financial Advisors LLC Takes $463,000 Position in Invesco CurrencyShares Euro Trust $FXE

Pure Financial Advisors LLC bought a new stake in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) during the second quarter, HoldingsChannel.com reports. The fund bought 4,259 shares of the exchange traded fund’s stock, valued at approximately $463,000.

A number of other hedge funds have also made changes to their positions in FXE. Geneos Wealth Management Inc. purchased a new position in shares of Invesco CurrencyShares Euro Trust in the 1st quarter valued at $25,000. Farther Finance Advisors LLC purchased a new position in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $30,000. Parallel Advisors LLC purchased a new position in shares of Invesco CurrencyShares Euro Trust in the 2nd quarter valued at $113,000. North Star Investment Management Corp. raised its stake in shares of Invesco CurrencyShares Euro Trust by 20.5% in the 2nd quarter. North Star Investment Management Corp. now owns 1,383 shares of the exchange traded fund’s stock valued at $150,000 after acquiring an additional 235 shares during the period. Finally, Comerica Bank purchased a new position in shares of Invesco CurrencyShares Euro Trust in the 1st quarter valued at $185,000.

Invesco CurrencyShares Euro Trust Price Performance

Invesco CurrencyShares Euro Trust stock opened at $108.28 on Friday. Invesco CurrencyShares Euro Trust has a 12-month low of $94.08 and a 12-month high of $110.01. The company has a market capitalization of $503.50 million, a price-to-earnings ratio of -92.16 and a beta of 0.13. The firm’s fifty day moving average price is $107.76 and its 200 day moving average price is $105.83.

Invesco CurrencyShares Euro Trust Profile

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.