Lighthouse Wealth Management Inc. Takes Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Lighthouse Wealth Management Inc. purchased a new position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 170,533 shares of the company’s stock, valued at approximately $8,470,000. Invesco RAFI Strategic US ETF makes up 7.8% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 6th biggest holding.

A number of other large investors also recently bought and sold shares of the business. FMR LLC raised its stake in Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after buying an additional 303 shares during the last quarter. CWM LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 49.7% during the third quarter. CWM LLC now owns 2,827 shares of the company’s stock valued at $142,000 after acquiring an additional 938 shares in the last quarter. Sigma Planning Corp purchased a new position in shares of Invesco RAFI Strategic US ETF in the 3rd quarter worth about $205,000. AllGen Financial Advisors Inc. bought a new position in Invesco RAFI Strategic US ETF in the 3rd quarter worth about $235,000. Finally, Dynamic Advisor Solutions LLC grew its position in Invesco RAFI Strategic US ETF by 19.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 5,080 shares of the company’s stock valued at $256,000 after purchasing an additional 827 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

NASDAQ:IUS opened at $51.55 on Monday. The firm has a market cap of $672.73 million, a P/E ratio of 19.85 and a beta of 0.96. Invesco RAFI Strategic US ETF has a fifty-two week low of $43.75 and a fifty-two week high of $52.38. The firm has a 50-day simple moving average of $50.88 and a two-hundred day simple moving average of $49.85.

Invesco RAFI Strategic US ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.1968 per share. The ex-dividend date was Monday, December 23rd.

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.