Del Sette Capital Management LLC Acquires Shares of 6,914 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) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,914 shares of the company’s stock, valued at approximately $779,000. Del Sette Capital Management LLC owned about 0.60% of Invesco S&P Spin-Off ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Invesco S&P Spin-Off ETF during the second quarter valued at $185,000. Ameriprise Financial Inc. acquired a new stake in Invesco S&P Spin-Off ETF during the 2nd quarter worth about $211,000. Osaic Holdings Inc. raised its stake in shares of Invesco S&P Spin-Off ETF by 50.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,104 shares of the company’s stock valued at $93,000 after buying an additional 368 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Invesco S&P Spin-Off ETF during the 3rd quarter valued at about $160,000. Finally, Private Advisor Group LLC acquired a new position in shares of Invesco S&P Spin-Off ETF in the 3rd quarter valued at about $4,675,000.

Invesco S&P Spin-Off ETF Price Performance

Shares of CSD opened at $139.74 on Monday. Invesco S&P Spin-Off ETF has a 52 week low of $82.99 and a 52 week high of $150.43. The company has a market capitalization of $220.79 million, a price-to-earnings ratio of 20.37 and a beta of 1.12. The stock’s 50-day moving average price is $139.17 and its 200-day moving average price is $122.92.

Invesco S&P Spin-Off ETF 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).