Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) Share Price Cross Above 200-Day Moving Average of $74.54

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $74.54 and traded as high as $74.60. Invesco CurrencyShares Canadian Dollar Trust shares last traded at $74.54, with a volume of 172 shares traded.

The firm has a fifty day moving average price of $74.71 and a 200-day moving average price of $74.56.

A number of hedge funds have recently added to or reduced their stakes in FXC. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Invesco CurrencyShares Canadian Dollar Trust by 56.8% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 414 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 150 shares during the last quarter. Advisor Group Inc. lifted its stake in Invesco CurrencyShares Canadian Dollar Trust by 979.0% in the 2nd quarter. Advisor Group Inc. now owns 669 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 607 shares during the last quarter. Virtu Financial LLC acquired a new stake in Invesco CurrencyShares Canadian Dollar Trust in the third quarter valued at approximately $684,000. Morgan Stanley grew its stake in shares of Invesco CurrencyShares Canadian Dollar Trust by 76.4% during the second quarter. Morgan Stanley now owns 36,018 shares of the exchange traded fund’s stock worth $2,713,000 after buying an additional 15,604 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Invesco CurrencyShares Canadian Dollar Trust by 52.4% during the second quarter. Bank of America Corp DE now owns 46,032 shares of the exchange traded fund’s stock worth $3,467,000 after buying an additional 15,824 shares during the last quarter.

About Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC)

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets.

Featured Article: Determine Your Level of Risk Tolerance

Receive News & Ratings for Invesco CurrencyShares Canadian Dollar Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco CurrencyShares Canadian Dollar Trust and related companies with MarketBeat.com's FREE daily email newsletter.