Thomas J. Herzfeld Advisors Inc. Decreases Holdings in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Thomas J. Herzfeld Advisors Inc. trimmed its stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 85.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 600 shares of the exchange traded fund’s stock after selling 3,598 shares during the quarter. Thomas J. Herzfeld Advisors Inc.’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $35,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its holdings in Invesco CurrencyShares Japanese Yen Trust by 3.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 26,964 shares of the exchange traded fund’s stock valued at $1,581,000 after purchasing an additional 1,020 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Invesco CurrencyShares Japanese Yen Trust by 6.1% in the third quarter. Captrust Financial Advisors now owns 23,590 shares of the exchange traded fund’s stock valued at $1,517,000 after purchasing an additional 1,362 shares during the period. National Bank of Canada FI lifted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% during the 3rd quarter. National Bank of Canada FI now owns 14,452 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 2,924 shares in the last quarter. HBW Advisory Services LLC lifted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 25.4% during the 4th quarter. HBW Advisory Services LLC now owns 14,526 shares of the exchange traded fund’s stock valued at $852,000 after buying an additional 2,943 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Invesco CurrencyShares Japanese Yen Trust in the 4th quarter worth approximately $232,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Shares of FXY stock opened at $61.50 on Tuesday. The stock has a market capitalization of $412.05 million, a price-to-earnings ratio of -114.95 and a beta of 0.16. The company’s fifty day simple moving average is $61.04 and its two-hundred day simple moving average is $60.91. Invesco CurrencyShares Japanese Yen Trust has a 1 year low of $57.17 and a 1 year high of $65.88.

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.