Geneos Wealth Management Inc. Boosts Stock Position in Invesco RAFI Strategic US ETF $IUS

Geneos Wealth Management Inc. boosted its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 15.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,682 shares of the company’s stock after purchasing an additional 12,619 shares during the period. Geneos Wealth Management Inc. owned about 0.77% of Invesco RAFI Strategic US ETF worth $4,773,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Envestnet Asset Management Inc. increased its stake in shares of Invesco RAFI Strategic US ETF by 81.2% during the second quarter. Envestnet Asset Management Inc. now owns 684,623 shares of the company’s stock valued at $35,258,000 after buying an additional 306,778 shares during the period. Intelligence Driven Advisers LLC increased its position in Invesco RAFI Strategic US ETF by 42.6% during the 2nd 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. Raymond James Financial Inc. raised its holdings in Invesco RAFI Strategic US ETF by 3.9% in the 1st quarter. Raymond James Financial Inc. now owns 252,259 shares of the company’s stock worth $12,451,000 after purchasing an additional 9,580 shares in the last quarter. Kestra Advisory Services LLC lifted its position 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 purchasing an additional 36,986 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF in the 1st quarter worth about $11,162,000.

Invesco RAFI Strategic US ETF Price Performance

Shares of NASDAQ IUS opened at $57.52 on Monday. Invesco RAFI Strategic US ETF has a 1 year low of $42.97 and a 1 year high of $58.02. The stock has a market capitalization of $701.74 million, a P/E ratio of 18.38 and a beta of 0.93. The company’s 50-day moving average is $56.12 and its 200 day moving average is $53.85.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.2136 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.85 annualized dividend and a dividend yield of 1.5%. This is an increase 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.