Invesco RAFI Strategic US ETF $IUS Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 81.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 684,623 shares of the company’s stock after purchasing an additional 306,778 shares during the period. Envestnet Asset Management Inc. owned 5.63% of Invesco RAFI Strategic US ETF worth $35,258,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IUS. World Investment Advisors grew its stake in Invesco RAFI Strategic US ETF by 64.4% in the first quarter. World Investment Advisors now owns 108,119 shares of the company’s stock worth $5,337,000 after purchasing an additional 42,358 shares in the last quarter. Synergy Investment Management LLC boosted its stake in Invesco RAFI Strategic US ETF by 149.6% in the first quarter. Synergy Investment Management LLC now owns 31,223 shares of the company’s stock valued at $1,541,000 after acquiring an additional 18,715 shares during the period. Allworth Financial LP boosted its stake in Invesco RAFI Strategic US ETF by 4.4% in the first quarter. Allworth Financial LP now owns 10,440 shares of the company’s stock valued at $495,000 after acquiring an additional 437 shares during the period. Hughes Financial Services LLC acquired a new position in Invesco RAFI Strategic US ETF in the first quarter valued at approximately $80,000. Finally, Sigma Planning Corp boosted its stake in Invesco RAFI Strategic US ETF by 160.7% in the first quarter. Sigma Planning Corp now owns 11,256 shares of the company’s stock valued at $556,000 after acquiring an additional 6,939 shares during the period.

Invesco RAFI Strategic US ETF Stock Up 0.2%

Shares of IUS stock opened at $56.13 on Monday. The business has a 50 day moving average of $55.02 and a two-hundred day moving average of $52.16. Invesco RAFI Strategic US ETF has a 52 week low of $42.97 and a 52 week high of $56.89. The company has a market cap of $680.86 million, a P/E ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Increases Dividend

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

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.