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

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 42,691 shares, a drop of 51.1% from the June 15th total of 87,300 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 34,872 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Rockefeller Capital Management L.P. boosted its holdings in shares of Invesco RAFI Strategic US ETF by 11,234.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 671,230 shares of the company’s stock valued at $38,368,000 after purchasing an additional 665,308 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Invesco RAFI Strategic US ETF during the 1st quarter worth $11,162,000. Orion Porfolio Solutions LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 372.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 89,882 shares of the company’s stock worth $4,629,000 after buying an additional 70,871 shares in the last quarter. Foguth Wealth Management LLC. bought a new stake in shares of Invesco RAFI Strategic US ETF during the 4th quarter worth $3,013,000. Finally, Berkeley Inc lifted its position in shares of Invesco RAFI Strategic US ETF by 38.2% during the 4th quarter. Berkeley Inc now owns 160,885 shares of the company’s stock worth $9,196,000 after buying an additional 44,479 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Up 0.1%

Shares of Invesco RAFI Strategic US ETF stock traded up $0.09 during trading on Wednesday, reaching $66.87. The company’s stock had a trading volume of 32,657 shares, compared to its average volume of 52,279. The business’s 50-day moving average price is $65.36 and its 200-day moving average price is $61.53. The firm has a market cap of $894.72 million, a PE ratio of 18.38 and a beta of 0.87. Invesco RAFI Strategic US ETF has a 52 week low of $50.96 and a 52 week high of $67.39.

Invesco RAFI Strategic US ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.2054 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.82 dividend on an annualized basis and a yield of 1.2%.

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.