Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Pass Above 50 Day Moving Average – Time to Sell?

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Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB – Get Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $124.63 and traded as high as $129.40. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $129.40, with a volume [...]

Invesco CurrencyShares British Pound Sterling Trust ( NYSEARCA:FXB – Get Free Report )’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $124.63 and traded as high as $129.

40. Invesco CurrencyShares British Pound Sterling Trust shares last traded at $129.40, with a volume of 5,823 shares trading hands.



Invesco CurrencyShares British Pound Sterling Trust Price Performance The stock’s 50-day simple moving average is $124.63 and its 200 day simple moving average is $122.53.

Hedge Funds Weigh In On Invesco CurrencyShares British Pound Sterling Trust A number of institutional investors and hedge funds have recently added to or reduced their stakes in FXB. Klingenstein Fields & Co. LP acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the first quarter worth approximately $299,000.

Mesirow Financial Investment Management Inc. acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter worth approximately $356,000. Capasso Planning Partners LLC acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the third quarter worth approximately $767,000.

Jane Street Group LLC lifted its position in shares of Invesco CurrencyShares British Pound Sterling Trust by 28.8% during the fourth quarter. Jane Street Group LLC now owns 25,544 shares of the exchange traded fund’s stock worth $3,079,000 after purchasing an additional 5,706 shares in the last quarter.

Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco CurrencyShares British Pound Sterling Trust during the fourth quarter worth approximately $5,136,000. 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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