Invesco S&P Spin-Off ETF (NYSEARCA:CSD) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its holdings in shares of Invesco S&P Spin-Off ETF (NYSEARCA:CSD) by 38.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,944 shares of the company’s stock after selling 1,819 shares during the quarter. HighTower Advisors LLC owned approximately 0.36% of Invesco S&P Spin-Off ETF worth $242,000 as of its most recent SEC filing.

Separately, Beacon Harbor Wealth Advisors Inc. acquired a new stake in Invesco S&P Spin-Off ETF in the 4th quarter worth about $11,594,000.

Invesco S&P Spin-Off ETF Stock Up 2.4 %

Invesco S&P Spin-Off ETF stock opened at $77.31 on Thursday. The company has a fifty day simple moving average of $82.06 and a 200-day simple moving average of $83.36. The firm has a market capitalization of $66.49 million, a price-to-earnings ratio of 21.32 and a beta of 1.37. Invesco S&P Spin-Off ETF has a 52-week low of $66.95 and a 52-week high of $93.60.

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).