Wealth Enhancement Advisory Services LLC Acquires 16,336 Shares of Invesco RAFI Strategic US ETF $IUS

Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 226.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,536 shares of the company’s stock after acquiring an additional 16,336 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.19% of Invesco RAFI Strategic US ETF worth $1,231,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Intelligence Driven Advisers LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 42.6% during the second quarter. Intelligence Driven Advisers LLC now owns 553,625 shares of the company’s stock valued at $28,512,000 after purchasing an additional 165,359 shares during the period. Breakwater Capital Group raised its holdings in shares of Invesco RAFI Strategic US ETF by 71.9% during the second quarter. Breakwater Capital Group now owns 26,395 shares of the company’s stock valued at $1,359,000 after purchasing an additional 11,036 shares during the period. Nova Wealth Management Inc. raised its holdings in shares of Invesco RAFI Strategic US ETF by 32.1% during the second quarter. Nova Wealth Management Inc. now owns 43,665 shares of the company’s stock valued at $2,249,000 after purchasing an additional 10,603 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco RAFI Strategic US ETF in the 1st quarter worth about $11,162,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 17.2% in the 1st quarter. Kestra Advisory Services LLC now owns 251,789 shares of the company’s stock worth $12,428,000 after acquiring an additional 36,986 shares during the last quarter.

Invesco RAFI Strategic US ETF Price Performance

IUS opened at $55.21 on Wednesday. Invesco RAFI Strategic US ETF has a fifty-two week low of $42.97 and a fifty-two week high of $55.35. The firm has a market capitalization of $666.94 million, a PE ratio of 18.38 and a beta of 0.96. The company’s 50-day moving average is $53.61 and its 200 day moving average is $50.87.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.2136 dividend. The ex-dividend date was Monday, September 22nd. This represents a $0.85 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21.

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.