Bank of America Corp DE Decreases Stock Holdings in Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA)

Bank of America Corp DE trimmed its holdings in shares of Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) by 11.1% in the second quarter, HoldingsChannel.com reports. The fund owned 25,089 shares of the exchange traded fund’s stock after selling 3,137 shares during the period. Bank of America Corp DE’s holdings in Invesco CurrencyShares Australian Dollar Trust were worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Advisor Group Inc. grew its holdings in Invesco CurrencyShares Australian Dollar Trust by 154.3% during the second quarter. Advisor Group Inc. now owns 852 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 517 shares during the period. Captrust Financial Advisors bought a new position in Invesco CurrencyShares Australian Dollar Trust during the second quarter valued at $105,000. Finally, Wells Fargo & Company MN grew its holdings in Invesco CurrencyShares Australian Dollar Trust by 79.2% during the second quarter. Wells Fargo & Company MN now owns 18,736 shares of the exchange traded fund’s stock valued at $1,316,000 after purchasing an additional 8,282 shares during the period.

Shares of NYSEARCA FXA opened at $68.60 on Wednesday. The stock has a fifty day simple moving average of $67.95 and a two-hundred day simple moving average of $69.09. Invesco CurrencyShares Australian Dollar Trust has a 1-year low of $66.79 and a 1-year high of $73.79.

About Invesco CurrencyShares Australian Dollar Trust

Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets.

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

Institutional Ownership by Quarter for Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA)

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