Invesco RAFI Strategic US ETF $IUS is ARQ Wealth Advisors LLC’s 6th Largest Position

ARQ Wealth Advisors LLC lessened its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 5.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 196,574 shares of the company’s stock after selling 11,564 shares during the period. Invesco RAFI Strategic US ETF makes up approximately 3.2% of ARQ Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. ARQ Wealth Advisors LLC owned approximately 1.61% of Invesco RAFI Strategic US ETF worth $10,853,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IUS. CWM LLC grew its holdings in Invesco RAFI Strategic US ETF by 44,648.5% during the 3rd quarter. CWM LLC now owns 625,584 shares of the company’s stock valued at $34,539,000 after purchasing an additional 624,186 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Invesco RAFI Strategic US ETF in the first quarter worth about $11,162,000. Intelligence Driven Advisers LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 18.8% during the third quarter. Intelligence Driven Advisers LLC now owns 657,759 shares of the company’s stock valued at $36,315,000 after buying an additional 104,134 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Invesco RAFI Strategic US ETF by 12.8% during the third quarter. Envestnet Asset Management Inc. now owns 772,489 shares of the company’s stock valued at $42,649,000 after buying an additional 87,866 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in shares of Invesco RAFI Strategic US ETF by 372.8% during the second 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 during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ IUS opened at $59.04 on Wednesday. Invesco RAFI Strategic US ETF has a fifty-two week low of $42.97 and a fifty-two week high of $60.94. The company has a market cap of $720.29 million, a price-to-earnings ratio of 18.38 and a beta of 0.93. The business’s 50 day moving average price is $59.54 and its 200-day moving average price is $57.24.

Invesco RAFI Strategic US ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.2108 dividend. This represents a $0.84 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco RAFI Strategic US ETF

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.