Cambridge Investment Research Advisors Inc. Has $4.52 Million Stock Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 6.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,506 shares of the company’s stock after buying an additional 5,833 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.73% of Invesco RAFI Strategic US ETF worth $4,517,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its position in Invesco RAFI Strategic US ETF by 417,900.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,180 shares of the company’s stock worth $208,000 after purchasing an additional 4,179 shares in the last quarter. Sigma Planning Corp grew its position in Invesco RAFI Strategic US ETF by 5.8% in the 4th quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock worth $214,000 after purchasing an additional 238 shares in the last quarter. Lokken Investment Group LLC bought a new stake in Invesco RAFI Strategic US ETF in the 4th quarter worth about $248,000. AllGen Financial Advisors Inc. grew its position in Invesco RAFI Strategic US ETF by 15.5% in the 4th quarter. AllGen Financial Advisors Inc. now owns 5,389 shares of the company’s stock worth $268,000 after purchasing an additional 724 shares in the last quarter. Finally, BridgePort Financial Solutions LLC bought a new stake in Invesco RAFI Strategic US ETF in the 4th quarter worth about $326,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of IUS stock opened at $51.31 on Friday. Invesco RAFI Strategic US ETF has a 52-week low of $42.97 and a 52-week high of $52.38. The company has a 50-day simple moving average of $49.43 and a two-hundred day simple moving average of $49.68. The company has a market capitalization of $627.52 million, a price-to-earnings ratio of 19.21 and a beta of 0.96.

Invesco RAFI Strategic US ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were given a dividend of $0.2069 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.83 annualized dividend and a yield of 1.61%.

Invesco RAFI Strategic US ETF Profile

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.