Leuthold Group LLC Sells 41,070 Shares of Invesco CurrencyShares Japanese Yen Trust $FXY

Leuthold Group LLC lessened its stake in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 30.5% in the third quarter, HoldingsChannel reports. The firm owned 93,481 shares of the exchange traded fund’s stock after selling 41,070 shares during the period. Leuthold Group LLC’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $5,815,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC increased its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 433.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 800 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 650 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter valued at $75,000. Comerica Bank bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at $96,000. Raab & Moskowitz Asset Management LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 2nd quarter valued at $209,000. Finally, Waterloo Capital L.P. bought a new position in Invesco CurrencyShares Japanese Yen Trust during the second quarter worth about $248,000.

Invesco CurrencyShares Japanese Yen Trust Trading Up 0.7%

NYSEARCA:FXY opened at $60.01 on Thursday. Invesco CurrencyShares Japanese Yen Trust has a 1 year low of $57.74 and a 1 year high of $65.64. The stock has a 50-day moving average price of $58.83 and a two-hundred day moving average price of $60.34. The stock has a market cap of $498.08 million, a price-to-earnings ratio of -117.92 and a beta of 0.19.

Invesco CurrencyShares Japanese Yen Trust 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.