IMA Wealth Inc. Has $949,000 Position in Invesco Defensive Equity ETF (DEF)
IMA Wealth Inc. reduced its holdings in Invesco Defensive Equity ETF (NYSEARCA:DEF) by 25.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,546 shares of the company’s stock after selling 7,500 shares during the quarter. IMA Wealth Inc. owned 0.51% of Invesco Defensive Equity ETF worth $949,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Palo Capital Inc. acquired a new position in shares of Invesco Defensive Equity ETF during the 3rd quarter valued at $820,000. Centaurus Financial Inc. acquired a new position in shares of Invesco Defensive Equity ETF during the 2nd quarter valued at $221,000. PNC Financial Services Group Inc. acquired a new position in shares of Invesco Defensive Equity ETF during the 2nd quarter valued at $508,000. Rainey & Randall Investment Management Inc. acquired a new position in shares of Invesco Defensive Equity ETF during the 3rd quarter valued at $12,830,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco Defensive Equity ETF by 11.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 61,090 shares of the company’s stock valued at $3,058,000 after purchasing an additional 6,107 shares during the period.
Shares of DEF stock opened at $45.55 on Wednesday. Invesco Defensive Equity ETF has a 1 year low of $41.45 and a 1 year high of $50.43.
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About Invesco Defensive Equity ETF
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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