Eagle Strategies LLC Purchases Shares of 23,412 Invesco RAFI Strategic US ETF $IUS

Eagle Strategies LLC purchased a new stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 23,412 shares of the company’s stock, valued at approximately $1,293,000. Eagle Strategies LLC owned approximately 0.19% of Invesco RAFI Strategic US ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IUS. Highline Wealth Partners LLC acquired a new stake in Invesco RAFI Strategic US ETF in the 2nd quarter valued at approximately $25,000. Corient Private Wealth LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $208,000. Betterment LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter valued at approximately $214,000. Richmond Investment Services LLC bought a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter worth $231,000. Finally, Stratos Wealth Partners LTD. boosted its holdings in Invesco RAFI Strategic US ETF by 5.8% during the second quarter. Stratos Wealth Partners LTD. now owns 7,428 shares of the company’s stock worth $383,000 after purchasing an additional 406 shares during the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.5%

Invesco RAFI Strategic US ETF stock opened at $57.47 on Friday. Invesco RAFI Strategic US ETF has a 1-year low of $42.97 and a 1-year high of $58.01. The company has a fifty day simple moving average of $56.72 and a 200 day simple moving average of $54.56. The company has a market cap of $701.13 million, a P/E ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.2108 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.84 annualized dividend and a dividend yield of 1.5%.

Invesco RAFI Strategic US ETF Company 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.