Berkeley Inc Purchases 9,016 Shares of Invesco RAFI Strategic US ETF $IUS

Berkeley Inc grew its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 8.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,406 shares of the company’s stock after buying an additional 9,016 shares during the period. Invesco RAFI Strategic US ETF accounts for 2.1% of Berkeley Inc’s investment portfolio, making the stock its 21st largest position. Berkeley Inc owned about 0.96% of Invesco RAFI Strategic US ETF worth $6,427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC raised its stake in Invesco RAFI Strategic US ETF by 44,648.5% in the 3rd quarter. CWM LLC now owns 625,584 shares of the company’s stock valued at $34,539,000 after acquiring an additional 624,186 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Invesco RAFI Strategic US ETF by 81.2% in the second quarter. Envestnet Asset Management Inc. now owns 684,623 shares of the company’s stock worth $35,258,000 after purchasing an additional 306,778 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF in the first quarter valued at approximately $11,162,000. Orion Porfolio Solutions LLC lifted its stake in shares of Invesco RAFI Strategic US ETF by 372.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 89,882 shares of the company’s stock valued at $4,629,000 after buying an additional 70,871 shares in the last quarter. Finally, Tandem Financial LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at approximately $3,408,000.

Invesco RAFI Strategic US ETF Trading Down 1.5%

Invesco RAFI Strategic US ETF stock opened at $58.04 on Wednesday. Invesco RAFI Strategic US ETF has a 1-year low of $42.97 and a 1-year high of $59.34. The firm has a market capitalization of $704.03 million, a price-to-earnings ratio of 18.38 and a beta of 0.93. The firm has a 50 day simple moving average of $57.32 and a 200 day simple moving average of $55.21.

Invesco RAFI Strategic US ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given 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.