Traders Buy Large Volume of Call Options on Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the recipient of unusually large options trading on Monday. Traders bought 2,674 call options on the stock. This represents an increase of 103% compared to the average daily volume of 1,320 call options.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FXY. Newbridge Financial Services Group Inc. increased its holdings in Invesco CurrencyShares Japanese Yen Trust by 50.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 300 shares in the last quarter. CreativeOne Wealth LLC increased its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 9.1% in the third quarter. CreativeOne Wealth LLC now owns 7,393 shares of the exchange traded fund’s stock worth $460,000 after purchasing an additional 619 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of Invesco CurrencyShares Japanese Yen Trust by 433.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 800 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 650 shares during the period. Creative Planning lifted its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 9.4% during the 3rd quarter. Creative Planning now owns 7,881 shares of the exchange traded fund’s stock valued at $490,000 after buying an additional 674 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its holdings in Invesco CurrencyShares Japanese Yen Trust by 6.1% in the 2nd quarter. Checchi Capital Advisers LLC now owns 15,127 shares of the exchange traded fund’s stock worth $967,000 after buying an additional 874 shares during the period.

Invesco CurrencyShares Japanese Yen Trust Trading Up 1.4%

NYSEARCA FXY traded up $0.80 on Monday, hitting $59.82. 174,456 shares of the company traded hands, compared to its average volume of 174,900. The business’s 50 day moving average price is $58.71 and its 200-day moving average price is $60.60. Invesco CurrencyShares Japanese Yen Trust has a 52-week low of $57.74 and a 52-week high of $65.64. The company has a market capitalization of $475.60 million, a price-to-earnings ratio of -117.92 and a beta of 0.19.

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. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.