170,533 Shares in Invesco RAFI Strategic US ETF (NASDAQ:IUS) Purchased by Lighthouse Wealth Management Inc.

Lighthouse Wealth Management Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 170,533 shares of the company’s stock, valued at approximately $8,470,000. Invesco RAFI Strategic US ETF makes up about 7.8% of Lighthouse Wealth Management Inc.’s holdings, making the stock its 6th biggest holding. Lighthouse Wealth Management Inc. owned about 1.31% of Invesco RAFI Strategic US ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC grew its position in Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after buying an additional 303 shares in the last quarter. Bridge Advisory LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 0.3% during the 3rd quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock valued at $5,572,000 after acquiring an additional 348 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Invesco RAFI Strategic US ETF by 4.3% during the third quarter. Integrated Wealth Concepts LLC now owns 11,148 shares of the company’s stock worth $561,000 after purchasing an additional 456 shares in the last quarter. Lifeworks Advisors LLC increased its position in shares of Invesco RAFI Strategic US ETF by 16.6% in 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 last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in 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.

Invesco RAFI Strategic US ETF Price Performance

IUS stock opened at $51.55 on Monday. The firm has a 50 day simple moving average of $50.88 and a two-hundred day simple moving average of $49.85. The stock has a market cap of $672.73 million, a PE ratio of 19.85 and a beta of 0.96. Invesco RAFI Strategic US ETF has a one year low of $43.75 and a one year high of $52.38.

Invesco RAFI Strategic US ETF Dividend Announcement

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

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.