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. The investment objective of the Trust is for the Shares to reflect the price of British Pound Sterling plus accrued interest. The Shares are intended to offer investors an opportunity to participate in the market for the British Pound Sterling through an investment in securities. The Shares are bought and sold on NYSE Arca. The Shares are backed by the assets of the Trust, which does not hold or use derivative products.
Basic Details
Issuer Invesco
Fund NameInvesco CurrencyShares British Pound Sterling Trust
Tax ClassificationGrantor Trust
SymbolNYSEARCA:FXB
Inception Date6/21/2006
Fund Manager
Phone+1-800-8200888
Fund Focus
Asset ClassCurrency
BenchmarkBritish Pound
CategoryPound Sterling
FocusPound Sterling
Development LevelDeveloped Markets
RegionEurope
Fund Statistics
Assets Under Management$144.10 million
Average Daily Volume$27,196.80
Discount/Premium0.02%
ETF Expenses
Management Fee0.40%
Other Expenses0.00%
Total Expenses0.40%
Fee Waiver0.00%
Net Expenses0.40%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Specialized Sponsors, LLC
CustodianJPMorgan Chase Bank, N.A
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeThe Bank of New York Mellon Corporation
Lead Market MakerIMC Chicago
Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Frequently Asked Questions
What is Invesco CurrencyShares British Pound Sterling Trust's stock symbol?
Invesco CurrencyShares British Pound Sterling Trust trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FXB."
Has Invesco CurrencyShares British Pound Sterling Trust been receiving favorable news coverage?
News headlines about FXB stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Invesco CurrencyShares British Pound Sterling Trust earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned media stories about the exchange traded fund a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Invesco CurrencyShares British Pound Sterling Trust.
What other stocks do shareholders of Invesco CurrencyShares British Pound Sterling Trust own?
Who are Invesco CurrencyShares British Pound Sterling Trust's key executives?
Invesco CurrencyShares British Pound Sterling Trust's management team includes the folowing people:
- Nikolaos Bonos, Chief Executive Officer, Manager of Rydex Specialized Products LLC (Age 54)
- Joseph M. Arruda, Chief Financial Officer, Manager of Rydex Specialized Products LLC. (Age 51)
- Michael P. Byrum, Manager of Rydex Specialized Products LLC (Age 46)
Who are Invesco CurrencyShares British Pound Sterling Trust's major shareholders?
Invesco CurrencyShares British Pound Sterling Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include MADDEN SECURITIES Corp (1.56%), Virtu Financial LLC (1.08%), Q3 Asset Management (1.04%), UBS Group AG (0.75%), InterOcean Capital LLC (0.69%) and IndexIQ Advisors LLC (0.32%).
Which institutional investors are selling Invesco CurrencyShares British Pound Sterling Trust stock?
FXB stock was sold by a variety of institutional investors in the last quarter, including InterOcean Capital LLC.
Which institutional investors are buying Invesco CurrencyShares British Pound Sterling Trust stock?
FXB stock was acquired by a variety of institutional investors in the last quarter, including MADDEN SECURITIES Corp, Virtu Financial LLC, Q3 Asset Management, UBS Group AG, Partnervest Advisory Services LLC, Financial Sense Advisors Inc., Citigroup Inc. and HBW Advisory Services LLC.
How do I buy shares of Invesco CurrencyShares British Pound Sterling Trust?
Shares of FXB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Invesco CurrencyShares British Pound Sterling Trust's stock price today?
One share of FXB stock can currently be purchased for approximately $126.04.
How big of a company is Invesco CurrencyShares British Pound Sterling Trust?
What is Invesco CurrencyShares British Pound Sterling Trust's official website?
How can I contact Invesco CurrencyShares British Pound Sterling Trust?
Invesco CurrencyShares British Pound Sterling Trust's mailing address is 805 King Farm Boulevard, Suite 600, ROCKVILLE, MD 20850, United States. The exchange traded fund can be reached via phone at +1-800-8200888.
MarketBeat Community Rating for Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA FXB)
MarketBeat's community ratings are surveys of what our community members think about Invesco CurrencyShares British Pound Sterling Trust and other stocks. Vote "Outperform" if you believe FXB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FXB will underperform the S&P 500 over the long term. You may vote once every thirty days.
