Institute for Wealth Management LLC. Has $1.06 Million Stock Holdings in Invesco S&P Spin-Off ETF (NYSEARCA:CSD)

Institute for Wealth Management LLC. decreased its position in shares of Invesco S&P Spin-Off ETF (NYSEARCA:CSD) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,459 shares of the company’s stock after selling 1,117 shares during the quarter. Institute for Wealth Management LLC. owned about 1.79% of Invesco S&P Spin-Off ETF worth $1,061,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new position in Invesco S&P Spin-Off ETF during the 4th quarter worth approximately $26,000. IMC Chicago LLC bought a new position in Invesco S&P Spin-Off ETF during the 3rd quarter worth approximately $730,000. UBS Group AG raised its holdings in Invesco S&P Spin-Off ETF by 26.6% during the 1st quarter. UBS Group AG now owns 11,651 shares of the company’s stock worth $700,000 after purchasing an additional 2,451 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of Invesco S&P Spin-Off ETF by 24.4% in the 2nd quarter. Citadel Advisors LLC now owns 6,646 shares of the company’s stock valued at $332,000 after acquiring an additional 1,304 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Invesco S&P Spin-Off ETF by 99.3% in the 1st quarter. Royal Bank of Canada now owns 4,456 shares of the company’s stock valued at $268,000 after acquiring an additional 2,220 shares in the last quarter.

Invesco S&P Spin-Off ETF Stock Up 0.0 %

NYSEARCA:CSD opened at $67.11 on Friday. The company has a fifty day moving average of $68.24 and a 200-day moving average of $62.65. The firm has a market capitalization of $55.03 million, a P/E ratio of 15.77 and a beta of 1.37. Invesco S&P Spin-Off ETF has a twelve month low of $52.14 and a twelve month high of $71.00.

About Invesco S&P Spin-Off ETF

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).