Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Stock Price Cross Below Two Hundred Day Moving Average of $99.78

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.78 and traded as low as $98.33. Invesco CurrencyShares Euro Trust shares last traded at $98.34, with a volume of 19,028 shares changing hands.

Invesco CurrencyShares Euro Trust Price Performance

The company has a market cap of $231.29 million, a P/E ratio of -90.02 and a beta of 0.13. The company has a fifty day simple moving average of $99.84 and a 200-day simple moving average of $99.79.

Invesco CurrencyShares Euro Trust Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 8th. Shareholders of record on Tuesday, April 2nd were issued a $0.1973 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Invesco CurrencyShares Euro Trust’s previous dividend of $0.14.

Institutional Trading of Invesco CurrencyShares Euro Trust

Several large investors have recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in Invesco CurrencyShares Euro Trust by 711.7% during the 4th quarter. Morgan Stanley now owns 236,412 shares of the exchange traded fund’s stock valued at $23,358,000 after purchasing an additional 207,285 shares during the period. Goldman Sachs Group Inc. raised its stake in Invesco CurrencyShares Euro Trust by 31.7% during the 2nd quarter. Goldman Sachs Group Inc. now owns 125,009 shares of the exchange traded fund’s stock valued at $12,602,000 after purchasing an additional 30,125 shares during the period. UBS Group AG raised its stake in Invesco CurrencyShares Euro Trust by 1.3% during the 4th quarter. UBS Group AG now owns 93,956 shares of the exchange traded fund’s stock valued at $9,587,000 after purchasing an additional 1,160 shares during the period. Leuthold Group LLC grew its holdings in shares of Invesco CurrencyShares Euro Trust by 2.0% during the 4th quarter. Leuthold Group LLC now owns 45,612 shares of the exchange traded fund’s stock valued at $4,654,000 after acquiring an additional 886 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in shares of Invesco CurrencyShares Euro Trust by 9.3% in the fourth quarter. Virtu Financial LLC now owns 37,198 shares of the exchange traded fund’s stock worth $3,796,000 after acquiring an additional 3,171 shares during the last quarter.

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.