Strategic Financial Concepts LLC Takes $1.46 Million Position in Invesco CurrencyShares Japanese Yen Trust $FXY

Strategic Financial Concepts LLC bought a new stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,841 shares of the exchange traded fund’s stock, valued at approximately $1,460,000. Strategic Financial Concepts LLC owned about 0.19% of Invesco CurrencyShares Japanese Yen Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in FXY. Federation des caisses Desjardins du Quebec raised its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 34.2% in the first quarter. Federation des caisses Desjardins du Quebec now owns 1,018,666 shares of the exchange traded fund’s stock valued at $62,648,000 after buying an additional 259,826 shares during the last quarter. Avalon Capital Management acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth about $5,822,000. Hara Capital LLC acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth about $3,035,000. Cetera Investment Advisers acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust during the first quarter worth about $2,467,000. Finally, Hollencrest Capital Management increased its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 200.0% during the first quarter. Hollencrest Capital Management now owns 60,000 shares of the exchange traded fund’s stock worth $3,690,000 after acquiring an additional 40,000 shares during the period.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.1%

Shares of Invesco CurrencyShares Japanese Yen Trust stock opened at $59.66 on Friday. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $58.25 and a 52-week high of $65.64. The company’s 50-day simple moving average is $61.58 and its 200-day simple moving average is $62.71. The firm has a market cap of $489.21 million, a price-to-earnings ratio of -117.92 and a beta of 0.19.

Invesco CurrencyShares Japanese Yen Trust Company 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.