Investors Purchase Large Volume of Invesco CurrencyShares Euro Trust Put Options (NYSEARCA:FXE)

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) saw unusually large options trading activity on Thursday. Stock traders bought 5,687 put options on the company. This represents an increase of 670% compared to the average daily volume of 739 put options.

Institutional Investors Weigh In On Invesco CurrencyShares Euro Trust

A number of large investors have recently bought and sold shares of the company. Nvwm LLC lifted its stake in Invesco CurrencyShares Euro Trust by 7.1% during the 4th quarter. Nvwm LLC now owns 1,425 shares of the exchange traded fund’s stock valued at $155,000 after acquiring an additional 95 shares during the period. Fiduciary Financial Group LLC lifted its position in Invesco CurrencyShares Euro Trust by 2.7% during the fourth quarter. Fiduciary Financial Group LLC now owns 3,812 shares of the exchange traded fund’s stock valued at $413,000 after purchasing an additional 102 shares during the period. Farther Finance Advisors LLC purchased a new stake in Invesco CurrencyShares Euro Trust in the fourth quarter valued at $27,000. Geneos Wealth Management Inc. acquired a new stake in Invesco CurrencyShares Euro Trust during the 1st quarter worth about $25,000. Finally, Osaic Holdings Inc. grew its position in Invesco CurrencyShares Euro Trust by 33.8% during the 4th quarter. Osaic Holdings Inc. now owns 1,199 shares of the exchange traded fund’s stock worth $130,000 after purchasing an additional 303 shares during the period.

Invesco CurrencyShares Euro Trust Trading Up 0.1%

Shares of NYSEARCA FXE traded up $0.06 during midday trading on Thursday, reaching $105.51. The company had a trading volume of 85,356 shares, compared to its average volume of 201,769. The business’s 50-day simple moving average is $106.77 and its 200 day simple moving average is $107.59. The stock has a market cap of $369.29 million, a P/E ratio of -92.16 and a beta of 0.17. Invesco CurrencyShares Euro Trust has a 1 year low of $104.60 and a 1 year high of $111.54.

Invesco CurrencyShares Euro Trust Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were issued a $0.0701 dividend. This is a boost from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, July 1st.

Invesco CurrencyShares Euro Trust Company 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. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities.