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

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 110,153 shares, a growth of 96.8% from the July 15th total of 55,960 shares. Based on an average daily volume of 65,589 shares, the short-interest ratio is presently 1.7 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

A number of institutional investors have recently added to or reduced their stakes in IUS. Rockefeller Capital Management L.P. grew its holdings in shares of Invesco RAFI Strategic US ETF by 11,234.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 671,230 shares of the company’s stock worth $38,368,000 after purchasing an additional 665,308 shares during the period. Osaic Holdings Inc. lifted its position in Invesco RAFI Strategic US ETF by 2.4% during the fourth quarter. Osaic Holdings Inc. now owns 493,937 shares of the company’s stock valued at $28,235,000 after buying an additional 11,666 shares in the last quarter. Kestra Advisory Services LLC lifted its position in Invesco RAFI Strategic US ETF by 6.5% during the first quarter. Kestra Advisory Services LLC now owns 270,283 shares of the company’s stock valued at $15,653,000 after buying an additional 16,427 shares in the last quarter. Raymond James Financial Inc. grew its stake in Invesco RAFI Strategic US ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 259,150 shares of the company’s stock worth $14,308,000 after buying an additional 7,724 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in Invesco RAFI Strategic US ETF during the first quarter worth approximately $11,162,000.

Invesco RAFI Strategic US ETF Stock Down 0.9%

Shares of IUS opened at $69.39 on Tuesday. Invesco RAFI Strategic US ETF has a fifty-two week low of $52.82 and a fifty-two week high of $70.17. The company’s fifty day moving average is $66.97 and its two-hundred day moving average is $63.20. The firm has a market cap of $945.79 million, a PE ratio of 18.38 and a beta of 0.87.

Invesco RAFI Strategic US ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.2054 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, June 22nd.

Invesco RAFI Strategic US ETF Company Profile

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.