Napa Wealth Management lessened its stake in Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF – Free Report) by 24.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,214 shares of the company’s stock after selling 2,044 shares during the quarter. Napa Wealth Management owned about 0.40% of Invesco CurrencyShares Swiss Franc Trust worth $653,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. SeaCrest Wealth Management LLC acquired a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the 3rd quarter valued at approximately $260,000. Nvwm LLC bought a new position in Invesco CurrencyShares Swiss Franc Trust in the third quarter valued at approximately $871,000. Finally, NewSquare Capital LLC raised its position in Invesco CurrencyShares Swiss Franc Trust by 1.1% during the second quarter. NewSquare Capital LLC now owns 17,411 shares of the company’s stock valued at $1,723,000 after purchasing an additional 196 shares in the last quarter.
Invesco CurrencyShares Swiss Franc Trust Stock Performance
NYSEARCA FXF opened at $100.05 on Monday. The business has a fifty day moving average price of $103.34 and a two-hundred day moving average price of $101.49. Invesco CurrencyShares Swiss Franc Trust has a fifty-two week low of $96.67 and a fifty-two week high of $106.75.
Invesco CurrencyShares Swiss Franc Trust Company Profile
Guggenheim CurrencyShares Swiss Franc Trust, formerly CurrencyShares Swiss Franc Trust, is a grantor trust. The Trust issues shares (Shares) in blocks of 50,000 (Basket) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Swiss Franc plus accrued interest, if any, less the expenses of the Trust’s operations.
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