Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Pass Above Fifty Day Moving Average – What’s Next?

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $120.61 and traded as high as $125.01. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $124.97, with a volume of 11,378 shares traded.

Invesco CurrencyShares British Pound Sterling Trust Trading Down 0.1 %

The company’s 50-day simple moving average is $120.71 and its 200-day simple moving average is $122.79.

Institutional Trading of Invesco CurrencyShares British Pound Sterling Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Flow Traders U.S. LLC bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the 3rd quarter worth approximately $1,018,000. HighTower Advisors LLC bought a new position in Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth $217,000. Capasso Planning Partners LLC acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the third quarter valued at $767,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco CurrencyShares British Pound Sterling Trust in the fourth quarter valued at about $5,136,000. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust during the 4th quarter worth about $356,000.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

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.