Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Cross Above Fifty Day Moving Average of $116.70

Shares of Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Get Rating) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $116.70 and traded as high as $117.34. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $117.22, with a volume of 11,640 shares.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.0 %

The firm has a fifty day moving average of $116.70 and a 200-day moving average of $113.63.

Institutional Investors Weigh In On Invesco CurrencyShares British Pound Sterling Trust

A number of institutional investors have recently added to or reduced their stakes in the company. UBS Group AG raised its stake in Invesco CurrencyShares British Pound Sterling Trust by 11,092.2% during the third quarter. UBS Group AG now owns 551,774 shares of the exchange traded fund’s stock valued at $59,196,000 after buying an additional 546,844 shares in the last quarter. Parallax Volatility Advisers L.P. purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter valued at $1,742,000. Flow Traders U.S. LLC purchased a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at $1,245,000. Toroso Investments LLC acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter worth $1,060,000. Finally, InterOcean Capital Group LLC increased its stake in shares of Invesco CurrencyShares British Pound Sterling Trust by 55.9% in the second quarter. InterOcean Capital Group LLC now owns 12,466 shares of the exchange traded fund’s stock worth $1,457,000 after acquiring an additional 4,472 shares during the last quarter.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

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Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets.