Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) Trading at $69.20

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) shares traded up 0% on Monday. The stock traded as high as $69.31 and last traded at $69.20. Approximately 6,203 shares were traded during mid-day trading, a decline of 84% from the average session volume of 39,611 shares. The stock had previously closed at $69.19.

Invesco CurrencyShares Canadian Dollar Trust Stock Down 0.6%

The stock has a 50 day moving average of $69.51 and a 200-day moving average of $70.34.

Hedge Funds Weigh In On Invesco CurrencyShares Canadian Dollar Trust

Large investors have recently modified their holdings of the business. Charles Schwab Trust Co purchased a new stake in shares of Invesco CurrencyShares Canadian Dollar Trust during the 2nd quarter valued at approximately $345,000. StoneX Group Inc. purchased a new position in Invesco CurrencyShares Canadian Dollar Trust in the 3rd quarter valued at approximately $244,000. Finally, Bank of America Corp DE lifted its position in shares of Invesco CurrencyShares Canadian Dollar Trust by 38.7% during the first quarter. Bank of America Corp DE now owns 4,702 shares of the exchange traded fund’s stock worth $330,000 after acquiring an additional 1,311 shares in the last quarter.

Invesco CurrencyShares Canadian Dollar Trust Company Profile

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. The investment objective of the Trust is for the Shares to reflect the price of Canadian Dollars. The Bank of New York Mellon serves as the Trustee. The Trust’s sponsor is Rydex Specialized Products LLC, which is doing business as Rydex Investments.