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

Invesco RAFI Strategic US ETF (NASDAQ:IUS) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 104,000 shares, a growth of 38.7% from the November 30th total of 75,000 shares. Based on an average daily volume of 57,600 shares, the short-interest ratio is currently 1.8 days.

Invesco RAFI Strategic US ETF Stock Down 1.1 %

Shares of NASDAQ:IUS traded down $0.54 during midday trading on Monday, hitting $49.62. 69,122 shares of the stock traded hands, compared to its average volume of 83,661. The stock has a market capitalization of $585.52 million, a PE ratio of 19.85 and a beta of 0.96. Invesco RAFI Strategic US ETF has a one year low of $42.58 and a one year high of $52.38. The business’s 50 day moving average is $50.95 and its two-hundred day moving average is $49.48.

Invesco RAFI Strategic US ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.1968 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco RAFI Strategic US ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. raised its stake in Invesco RAFI Strategic US ETF by 33.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 52,116 shares of the company’s stock worth $2,472,000 after buying an additional 12,942 shares in the last quarter. Strategic Blueprint LLC purchased a new position in shares of Invesco RAFI Strategic US ETF in the 2nd quarter valued at approximately $247,000. Commonwealth Equity Services LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 7.6% during the second quarter. Commonwealth Equity Services LLC now owns 30,253 shares of the company’s stock valued at $1,435,000 after purchasing an additional 2,137 shares in the last quarter. Aveo Capital Partners LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 5.0% during the second quarter. Aveo Capital Partners LLC now owns 516,023 shares of the company’s stock valued at $24,475,000 after purchasing an additional 24,801 shares in the last quarter. Finally, Larson Financial Group LLC purchased a new position in Invesco RAFI Strategic US ETF during the second quarter valued at $682,000.

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.