Stock 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 Tuesday. Investors bought 5,833 call options on the company. This represents an increase of 114% compared to the typical volume of 2,721 call options.

Invesco CurrencyShares Japanese Yen Trust Stock Performance

FXY traded up $0.06 during trading on Tuesday, reaching $56.65. 27,624 shares of the company’s stock were exchanged, compared to its average volume of 198,410. The company’s fifty day moving average price is $57.45 and its 200-day moving average price is $58.09. The firm has a market capitalization of $430.51 million, a PE ratio of -117.92 and a beta of 0.20. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $56.40 and a fifty-two week high of $63.26.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FXY. Newbridge Financial Services Group Inc. raised its holdings in Invesco CurrencyShares Japanese Yen Trust by 50.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 900 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 300 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 1.6% during the 4th quarter. Captrust Financial Advisors now owns 30,622 shares of the exchange traded fund’s stock valued at $1,797,000 after buying an additional 486 shares in the last quarter. CreativeOne Wealth LLC grew its position in shares of Invesco CurrencyShares Japanese Yen Trust by 6.9% in the 4th quarter. CreativeOne Wealth LLC now owns 7,905 shares of the exchange traded fund’s stock worth $464,000 after buying an additional 512 shares during the period. Fifth Third Bancorp purchased a new stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 1st quarter worth about $32,000. Finally, Creative Planning grew its position in shares of Invesco CurrencyShares Japanese Yen Trust by 9.4% in the 3rd quarter. Creative Planning now owns 7,881 shares of the exchange traded fund’s stock worth $490,000 after buying an additional 674 shares during the period.

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.