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

Intelligence Driven Advisers LLC increased its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 20.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 432,798 shares of the company’s stock after purchasing an additional 72,327 shares during the period. Invesco RAFI Strategic US ETF accounts for about 3.1% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 11th largest holding. Intelligence Driven Advisers LLC’s holdings in Invesco RAFI Strategic US ETF were worth $21,770,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. acquired a new stake in Invesco RAFI Strategic US ETF in the 1st quarter valued at about $257,000. Osaic Holdings Inc. lifted its stake in Invesco RAFI Strategic US ETF by 43.8% during the first quarter. Osaic Holdings Inc. now owns 357,733 shares of the company’s stock valued at $16,979,000 after purchasing an additional 108,913 shares during the last quarter. ARQ Wealth Advisors LLC bought a new stake in Invesco RAFI Strategic US ETF during the first quarter worth approximately $6,827,000. Cetera Advisors LLC acquired a new position in Invesco RAFI Strategic US ETF in the first quarter worth approximately $245,000. Finally, CWM LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the second quarter valued at $90,000.

Invesco RAFI Strategic US ETF Trading Down 0.0 %

Shares of Invesco RAFI Strategic US ETF stock traded down $0.02 on Thursday, reaching $51.55. 3,609 shares of the company were exchanged, compared to its average volume of 86,713. Invesco RAFI Strategic US ETF has a fifty-two week low of $40.65 and a fifty-two week high of $51.91. The firm has a market capitalization of $608.29 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The stock has a fifty day moving average price of $50.01 and a 200-day moving average price of $48.44.

Invesco RAFI Strategic US ETF Increases Dividend

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

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.