Stock Traders Buy Large Volume of Invesco CurrencyShares Euro Trust Put Options (NYSEARCA:FXE)

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) saw some unusual options trading on Monday. Investors acquired 4,624 put options on the company. This is an increase of 514% compared to the typical daily volume of 753 put options.

Institutional Investors Weigh In On Invesco CurrencyShares Euro Trust

Institutional investors have recently made changes to their positions in the business. Tsfg LLC bought a new position in shares of Invesco CurrencyShares Euro Trust during the 3rd quarter valued at $25,000. Geneos Wealth Management Inc. purchased a new stake in Invesco CurrencyShares Euro Trust during the first quarter valued at about $25,000. Farther Finance Advisors LLC purchased a new stake in Invesco CurrencyShares Euro Trust during the fourth quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new stake in Invesco CurrencyShares Euro Trust during the third quarter valued at about $90,000. Finally, Tortoise Investment Management LLC bought a new position in shares of Invesco CurrencyShares Euro Trust during the second quarter valued at about $101,000.

Invesco CurrencyShares Euro Trust Stock Performance

NYSEARCA:FXE traded up $0.67 during mid-day trading on Monday, reaching $106.06. The stock had a trading volume of 67,761 shares, compared to its average volume of 185,791. The stock has a market capitalization of $456.04 million, a P/E ratio of -92.16 and a beta of 0.18. The firm has a 50 day moving average price of $108.37 and a two-hundred day moving average price of $107.90. Invesco CurrencyShares Euro Trust has a one year low of $99.25 and a one year high of $111.54.

Invesco CurrencyShares Euro Trust Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.0667 per share. This represents a c) annualized dividend and a dividend yield of 0.8%. This is a boost from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, March 2nd.

About Invesco CurrencyShares Euro Trust

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.