Invesco RAFI Strategic US ETF (NASDAQ:IUS) Shares Up 0.4% – What’s Next?

Invesco RAFI Strategic US ETF (NASDAQ:IUS) rose 0.4% on Monday. The company traded as high as $69.78 and last traded at $69.75. Approximately 60,941 shares changed hands during trading, an increase of 14% from the average daily volume of 53,324 shares. The stock had previously closed at $69.44.

Invesco RAFI Strategic US ETF Trading Down 0.2%

The firm has a market cap of $988.11 million, a price-to-earnings ratio of 18.38 and a beta of 0.87. The company has a fifty day moving average price of $69.34 and a 200-day moving average price of $66.01.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.2284 per share. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.2054. This represents a $0.91 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, September 21st.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IUS. Fermata Advisors LLC boosted its holdings in Invesco RAFI Strategic US ETF by 3.2% during the third quarter. Fermata Advisors LLC now owns 7,636 shares of the company’s stock worth $518,000 after buying an additional 239 shares in the last quarter. Intelligence Driven Advisers LLC grew its position in Invesco RAFI Strategic US ETF by 1.1% during the third quarter. Intelligence Driven Advisers LLC now owns 565,669 shares of the company’s stock valued at $38,360,000 after buying an additional 5,966 shares during the period. Breakwater Capital Group grew its position in Invesco RAFI Strategic US ETF by 15.1% during the third quarter. Breakwater Capital Group now owns 28,865 shares of the company’s stock valued at $1,957,000 after buying an additional 3,793 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Invesco RAFI Strategic US ETF by 261.8% in the second quarter. Integrated Wealth Concepts LLC now owns 39,988 shares of the company’s stock valued at $2,622,000 after buying an additional 28,936 shares in the last quarter. Finally, Avant Capital LLC purchased a new position in Invesco RAFI Strategic US ETF in the second quarter valued at $1,000,000.

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.