Invesco RAFI Strategic US ETF (NASDAQ:IUS) Shares Acquired by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC boosted its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 20.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 432,798 shares of the company’s stock after purchasing an additional 72,327 shares during the period. Invesco RAFI Strategic US ETF makes up approximately 3.1% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 11th biggest holding. Intelligence Driven Advisers LLC owned approximately 3.67% of Invesco RAFI Strategic US ETF worth $21,770,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. CWM LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $90,000. Sigma Planning Corp purchased a new position in shares of Invesco RAFI Strategic US ETF in the 3rd quarter valued at $205,000. AllGen Financial Advisors Inc. acquired a new position in shares of Invesco RAFI Strategic US ETF during the 3rd quarter valued at $235,000. Davies Financial Advisors Inc. purchased a new stake in Invesco RAFI Strategic US ETF during the 2nd quarter worth $239,000. Finally, Dynamic Advisor Solutions LLC increased its holdings in Invesco RAFI Strategic US ETF by 19.4% in the 3rd 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 Trading Down 0.0 %

NASDAQ:IUS traded down $0.02 during mid-day trading on Thursday, hitting $51.55. The company had a trading volume of 3,609 shares, compared to its average volume of 86,713. Invesco RAFI Strategic US ETF has a 1 year low of $40.65 and a 1 year high of $51.91. The business has a fifty day simple moving average of $50.01 and a 200-day simple moving average of $48.44. The firm has a market capitalization of $608.29 million, a price-to-earnings ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.207 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Monday, September 23rd. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18.

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.