Ballew Advisors Inc purchased a new stake in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,000 shares of the exchange traded fund’s stock, valued at approximately $546,000. Ballew Advisors Inc owned 0.22% of Invesco CurrencyShares Euro Trust at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NewSquare Capital LLC increased its holdings in Invesco CurrencyShares Euro Trust by 17.9% in the second quarter. NewSquare Capital LLC now owns 4,120 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 625 shares during the period. XR Securities LLC acquired a new stake in Invesco CurrencyShares Euro Trust in the third quarter valued at $207,000. Steward Partners Investment Advisory LLC acquired a new stake in Invesco CurrencyShares Euro Trust in the third quarter valued at $289,000. Wells Fargo & Company MN grew its holdings in Invesco CurrencyShares Euro Trust by 13.0% during the 1st quarter. Wells Fargo & Company MN now owns 32,947 shares of the exchange traded fund’s stock worth $3,899,000 after acquiring an additional 3,786 shares during the period. Finally, SOL Capital Management CO acquired a new stake in Invesco CurrencyShares Euro Trust during the 3rd quarter worth about $578,000.
Shares of FXE traded up $0.14 during trading hours on Thursday, hitting $108.89. The stock had a trading volume of 244,318 shares, compared to its average volume of 283,468. Invesco CurrencyShares Euro Trust has a 1-year low of $107.47 and a 1-year high of $120.65.
Invesco CurrencyShares Euro Trust Company Profile
Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest.
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