IndexIQ Advisors LLC Increases Position in Invesco CurrencyShares Euro Trust (FXE)

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IndexIQ Advisors LLC boosted its position in shares of Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 5,612.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 168,106 shares of the exchange traded fund’s stock after buying an additional 165,163 shares during the period. IndexIQ Advisors LLC owned 0.08% of Invesco CurrencyShares Euro Trust worth $18,403,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FXE. Bank of Montreal Can boosted its stake in Invesco CurrencyShares Euro Trust by 51.4% during the fourth quarter. Bank of Montreal Can now owns 754 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 256 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in Invesco CurrencyShares Euro Trust during the third quarter valued at about $289,000. Crabel Capital Management LLC bought a new position in Invesco CurrencyShares Euro Trust during the third quarter valued at about $305,000. Rehmann Capital Advisory Group boosted its stake in Invesco CurrencyShares Euro Trust by 11,016.0% during the third quarter. Rehmann Capital Advisory Group now owns 52,801 shares of the exchange traded fund’s stock valued at $475,000 after buying an additional 52,326 shares in the last quarter. Finally, NewSquare Capital LLC boosted its stake in Invesco CurrencyShares Euro Trust by 3.7% during the fourth quarter. NewSquare Capital LLC now owns 4,455 shares of the exchange traded fund’s stock valued at $488,000 after buying an additional 160 shares in the last quarter.

FXE stock traded down $0.18 during trading hours on Thursday, hitting $108.38. 2,200 shares of the stock traded hands, compared to its average volume of 222,947. Invesco CurrencyShares Euro Trust has a one year low of $107.47 and a one year high of $120.38.

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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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Want to see what other hedge funds are holding FXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CurrencyShares Euro Trust (NYSEARCA:FXE).

Institutional Ownership by Quarter for Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

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