Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 104,000 shares, a growth of 38.7% from the November 30th total of 75,000 shares. Based on an average daily volume of 57,600 shares, the short-interest ratio is currently 1.8 days.

Invesco RAFI Strategic US ETF Trading Down 1.1 %

IUS stock traded down $0.54 during midday trading on Monday, hitting $49.62. The stock had a trading volume of 69,122 shares, compared to its average volume of 83,661. The firm has a market cap of $585.52 million, a P/E ratio of 19.85 and a beta of 0.96. The business has a fifty day moving average price of $50.95 and a two-hundred day moving average price of $49.48. Invesco RAFI Strategic US ETF has a 1-year low of $42.58 and a 1-year high of $52.38.

Invesco RAFI Strategic US ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.1968 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its holdings in Invesco RAFI Strategic US ETF by 46.0% during the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after purchasing an additional 303 shares in the last quarter. Bridge Advisory LLC lifted its stake in Invesco RAFI Strategic US ETF by 0.3% in the third quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock valued at $5,572,000 after purchasing an additional 348 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Invesco RAFI Strategic US ETF by 4.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 11,148 shares of the company’s stock valued at $561,000 after buying an additional 456 shares during the last quarter. Lifeworks Advisors LLC boosted its position in Invesco RAFI Strategic US ETF by 16.6% during the third quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock worth $266,000 after purchasing an additional 752 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Invesco RAFI Strategic US ETF by 19.4% in the third quarter. Dynamic Advisor Solutions LLC now owns 5,080 shares of the company’s stock valued at $256,000 after purchasing an additional 827 shares in the last quarter.

About Invesco RAFI Strategic US ETF

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.