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

Envestnet Asset Management Inc. boosted its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 12.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 772,489 shares of the company’s stock after acquiring an additional 87,866 shares during the quarter. Envestnet Asset Management Inc. owned 6.33% of Invesco RAFI Strategic US ETF worth $42,649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IUS. Tandem Financial LLC lifted its stake in shares of Invesco RAFI Strategic US ETF by 12.7% in the 3rd quarter. Tandem Financial LLC now owns 74,597 shares of the company’s stock valued at $4,119,000 after purchasing an additional 8,416 shares in the last quarter. Berkeley Inc lifted its position in Invesco RAFI Strategic US ETF by 8.4% during the third quarter. Berkeley Inc now owns 116,406 shares of the company’s stock valued at $6,427,000 after buying an additional 9,016 shares in the last quarter. Root Financial Partners LLC acquired a new position in Invesco RAFI Strategic US ETF during the third quarter valued at approximately $60,000. McIlrath & Eck LLC grew its stake in Invesco RAFI Strategic US ETF by 5.4% during the third quarter. McIlrath & Eck LLC now owns 136,118 shares of the company’s stock worth $7,515,000 after buying an additional 6,918 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of Invesco RAFI Strategic US ETF by 13.8% in the third quarter. Geneos Wealth Management Inc. now owns 105,478 shares of the company’s stock worth $5,823,000 after acquiring an additional 12,796 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Down 0.2%

NASDAQ:IUS opened at $60.40 on Wednesday. The firm’s fifty day simple moving average is $58.35 and its 200 day simple moving average is $56.01. Invesco RAFI Strategic US ETF has a twelve month low of $42.97 and a twelve month high of $60.60. The firm has a market capitalization of $736.88 million, a price-to-earnings ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The business also recently announced 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 of this dividend was Monday, December 22nd. This represents a $0.84 annualized dividend and a dividend yield of 1.4%.

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.