Berkeley Inc Acquires 44,479 Shares of Invesco RAFI Strategic US ETF $IUS

Berkeley Inc lifted its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 38.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 160,885 shares of the company’s stock after buying an additional 44,479 shares during the period. Invesco RAFI Strategic US ETF makes up about 2.9% of Berkeley Inc’s portfolio, making the stock its 12th largest position. Berkeley Inc owned approximately 1.33% of Invesco RAFI Strategic US ETF worth $9,196,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC boosted 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 worth $34,539,000 after purchasing an additional 624,186 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Invesco RAFI Strategic US ETF during the 1st quarter worth approximately $11,162,000. Intelligence Driven Advisers LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 18.8% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 657,759 shares of the company’s stock valued at $36,315,000 after purchasing an additional 104,134 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Invesco RAFI Strategic US ETF by 12.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 772,489 shares of the company’s stock valued at $42,649,000 after purchasing an additional 87,866 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its holdings 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 purchasing an additional 70,871 shares in the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ IUS opened at $61.17 on Friday. The firm has a market cap of $740.16 million, a PE ratio of 18.38 and a beta of 0.87. The firm has a fifty day moving average of $59.35 and a 200 day moving average of $57.83. Invesco RAFI Strategic US ETF has a one year low of $44.77 and a one year high of $61.19.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.2147 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.4%.

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.