Redmont Wealth Advisors LLC Has $36,000 Stake in Invesco S&P Spin-Off ETF (NYSEARCA:CSD)

Redmont Wealth Advisors LLC cut its position in shares of Invesco S&P Spin-Off ETF (NYSEARCA:CSD) by 23.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 453 shares of the company’s stock after selling 139 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in Invesco S&P Spin-Off ETF were worth $36,000 at the end of the most recent reporting period.

Separately, IMC Chicago LLC bought a new stake in Invesco S&P Spin-Off ETF in the first quarter worth approximately $1,697,000.

Invesco S&P Spin-Off ETF Stock Performance

Invesco S&P Spin-Off ETF stock opened at $83.00 on Friday. The stock has a market capitalization of $68.06 million, a price-to-earnings ratio of 16.16 and a beta of 1.09. Invesco S&P Spin-Off ETF has a 52-week low of $52.14 and a 52-week high of $84.63. The stock’s 50 day moving average price is $76.92 and its two-hundred day moving average price is $72.81.

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).