Del Sette Capital Management LLC Purchases New Shares in Invesco S&P Spin-Off ETF $CSD

Del Sette Capital Management LLC acquired a new stake in Invesco S&P Spin-Off ETF (NYSEARCA:CSD) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,914 shares of the company’s stock, valued at approximately $779,000.

A number of other large investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P Spin-Off ETF during the 2nd quarter worth about $185,000. Ameriprise Financial Inc. purchased a new position in shares of Invesco S&P Spin-Off ETF in the 2nd quarter valued at about $211,000. Osaic Holdings Inc. increased its stake in shares of Invesco S&P Spin-Off ETF by 50.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,104 shares of the company’s stock valued at $93,000 after purchasing an additional 368 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco S&P Spin-Off ETF in the 3rd quarter worth about $160,000. Finally, Private Advisor Group LLC acquired a new position in Invesco S&P Spin-Off ETF in the 3rd quarter worth about $4,675,000.

Invesco S&P Spin-Off ETF Stock Performance

Shares of CSD stock opened at $139.74 on Monday. Invesco S&P Spin-Off ETF has a 12-month low of $82.99 and a 12-month high of $150.43. The business’s 50 day moving average is $139.17 and its two-hundred day moving average is $122.92. The company has a market capitalization of $220.79 million, a P/E ratio of 20.37 and a beta of 1.12.

Invesco S&P Spin-Off ETF Company Profile

Guggenheim Spin-Off ETF, formerly Claymore/Beacon Spin-Off ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Beacon Spin-off Index (the Index). The Fund will invest at least 90% of its total assets in common stock, American depositary receipts (ADRs) and master limited partnerships (MLPs) that comprise the Index and depositary receipts representing common stocks included in the Index (or underlying securities representing ADRs included in the Index).