TCG Advisors LP trimmed its position in shares of Invesco Defensive Equity ETF (NYSEARCA:DEF) by 23.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 922 shares of the company’s stock after selling 289 shares during the quarter. TCG Advisors LP’s holdings in Invesco Defensive Equity ETF were worth $49,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Cetera Advisors LLC bought a new stake in shares of Invesco Defensive Equity ETF during the first quarter valued at approximately $144,000. Atlas Capital Advisors LLC purchased a new position in shares of Invesco Defensive Equity ETF during the second quarter valued at approximately $159,000. Cascade Investment Advisors Inc. lifted its position in Invesco Defensive Equity ETF by 7.6% during the second quarter. Cascade Investment Advisors Inc. now owns 3,100 shares of the company’s stock valued at $164,000 after purchasing an additional 220 shares during the period. Wilbanks Smith & Thomas Asset Management LLC bought a new position in Invesco Defensive Equity ETF during the second quarter valued at approximately $201,000. Finally, Almanack Investment Partners LLC. bought a new position in Invesco Defensive Equity ETF during the second quarter valued at approximately $213,000.
DEF stock traded up $0.20 on Wednesday, hitting $53.75. The company had a trading volume of 32,217 shares, compared to its average volume of 17,789. Invesco Defensive Equity ETF has a 12-month low of $41.45 and a 12-month high of $54.31. The stock’s 50-day simple moving average is $53.02 and its 200 day simple moving average is $51.57.
Guggenheim Defensive Equity ETF (the Fund) seeks investment results, which correspond to the performance, before the Fund’s fees and expenses, of an equity index called the Sabrient Defensive Equity Index (the Index). The Index is consisted of approximately 100 securities selected, based on investment and other criteria developed by Sabrient Systems LLC (Sabrient), from a universe of the United States-traded securities, including master limited partnerships (MLPs) and American depositary receipts (ADRs).
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