Napa Wealth Management Decreases Stock Position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Napa Wealth Management cut its position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 27.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,524 shares of the exchange traded fund’s stock after selling 2,526 shares during the quarter. Napa Wealth Management owned about 0.10% of Invesco CurrencyShares Japanese Yen Trust worth $419,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Private Wealth Advisors LLC raised its position in shares of Invesco CurrencyShares Japanese Yen Trust by 54.9% in the third quarter. Private Wealth Advisors LLC now owns 59,809 shares of the exchange traded fund’s stock valued at $3,850,000 after purchasing an additional 21,204 shares during the period. Farther Finance Advisors LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the 3rd quarter valued at approximately $30,000. Diversify Wealth Management LLC bought a new stake in Invesco CurrencyShares Japanese Yen Trust during the 3rd quarter valued at $284,000. HBW Advisory Services LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the third quarter worth $745,000. Finally, Insigneo Advisory Services LLC purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the second quarter worth $195,000.

Invesco CurrencyShares Japanese Yen Trust Stock Performance

Shares of NYSEARCA FXY opened at $59.56 on Monday. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $57.17 and a fifty-two week high of $66.12. The stock has a market cap of $372.25 million, a PE ratio of -111.06 and a beta of 0.10. The stock has a fifty day moving average of $62.28 and a 200-day moving average of $60.95.

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.