Commonwealth Equity Services LLC Buys 404 Shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Commonwealth Equity Services LLC lifted its position in Invesco RAFI Strategic US ETF (NASDAQ:IUSFree Report) by 1.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,116 shares of the company’s stock after buying an additional 404 shares during the quarter. Commonwealth Equity Services LLC owned about 0.25% of Invesco RAFI Strategic US ETF worth $1,334,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IUS. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Invesco RAFI Strategic US ETF by 120.4% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 247,532 shares of the company’s stock worth $11,748,000 after buying an additional 135,243 shares during the last quarter. Aveo Capital Partners LLC lifted its position in Invesco RAFI Strategic US ETF by 28.7% during the fourth quarter. Aveo Capital Partners LLC now owns 478,497 shares of the company’s stock worth $20,719,000 after acquiring an additional 106,659 shares during the last quarter. Foguth Wealth Management LLC. bought a new stake in shares of Invesco RAFI Strategic US ETF during the first quarter worth approximately $4,124,000. Merit Financial Group LLC grew its position in shares of Invesco RAFI Strategic US ETF by 6.6% in the fourth quarter. Merit Financial Group LLC now owns 508,228 shares of the company’s stock valued at $22,006,000 after purchasing an additional 31,417 shares during the last quarter. Finally, Fermata Advisors LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth approximately $961,000.

Invesco RAFI Strategic US ETF Trading Up 0.3 %

NASDAQ:IUS opened at $47.71 on Friday. The stock has a 50 day simple moving average of $47.01 and a 200 day simple moving average of $45.74. Invesco RAFI Strategic US ETF has a 1-year low of $38.00 and a 1-year high of $47.87. The stock has a market cap of $498.57 million, a P/E ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.1768 per share. The ex-dividend date was Monday, June 24th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.48%. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17.

Invesco RAFI Strategic US ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco RAFI Strategic US ETF (NASDAQ:IUSFree Report).

Institutional Ownership by Quarter for Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Receive News & Ratings for Invesco RAFI Strategic US ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco RAFI Strategic US ETF and related companies with MarketBeat.com's FREE daily email newsletter.