Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $126.40 and traded as low as $124.89. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.91, with a volume of 3,083 shares trading hands.
Invesco CurrencyShares British Pound Sterling Trust Price Performance
The firm’s fifty day moving average price is $126.40 and its two-hundred day moving average price is $123.75.
Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Comerica Bank purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the 1st quarter valued at about $36,000. Worth Asset Management LLC purchased a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth approximately $585,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of Invesco CurrencyShares British Pound Sterling Trust by 33,946.7% in the 3rd quarter. International Assets Investment Management LLC now owns 25,535 shares of the exchange traded fund’s stock worth $3,289,000 after acquiring an additional 25,460 shares during the last quarter.
About Invesco CurrencyShares British Pound Sterling Trust
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.
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