Bordeaux Wealth Advisors LLC Lowers Position in Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY)

Bordeaux Wealth Advisors LLC decreased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) by 35.9% in the 4th quarter, Holdings Channel reports. The firm owned 5,383 shares of the exchange traded fund’s stock after selling 3,017 shares during the period. Bordeaux Wealth Advisors LLC’s holdings in Invesco CurrencyShares Japanese Yen Trust were worth $354,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Financial Sense Advisors Inc. bought a new stake in Invesco CurrencyShares Japanese Yen Trust during the fourth quarter valued at approximately $6,138,000. Solstein Capital LLC bought a new stake in shares of Invesco CurrencyShares Japanese Yen Trust during the 4th quarter worth $1,607,000. WCG Wealth Advisors LLC purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the third quarter worth $924,000. Pekin Hardy Strauss Inc. increased its stake in Invesco CurrencyShares Japanese Yen Trust by 84.9% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 27,405 shares of the exchange traded fund’s stock valued at $1,804,000 after acquiring an additional 12,580 shares during the last quarter. Finally, Delphi Financial Group Inc. purchased a new stake in Invesco CurrencyShares Japanese Yen Trust during the third quarter valued at about $435,000.

Invesco CurrencyShares Japanese Yen Trust Price Performance

FXY stock traded up $0.10 during mid-day trading on Friday, hitting $60.49. 197,769 shares of the stock were exchanged, compared to its average volume of 163,422. The business has a fifty day moving average price of $60.99 and a 200 day moving average price of $62.25. Invesco CurrencyShares Japanese Yen Trust has a 12 month low of $58.65 and a 12 month high of $69.70. The stock has a market capitalization of $362.94 million, a price-to-earnings ratio of -111.15 and a beta of 0.03.

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.