Invesco RAFI Strategic US ETF (NASDAQ:IUS) Stock Position Lowered by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV cut its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,639 shares of the company’s stock after selling 227 shares during the period. Mainstay Capital Management LLC ADV’s holdings in Invesco RAFI Strategic US ETF were worth $280,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IUS. AllGen Financial Advisors Inc. acquired a new stake in shares of Invesco RAFI Strategic US ETF during the third quarter worth $235,000. Strategic Blueprint LLC raised its position in Invesco RAFI Strategic US ETF by 38.2% during the third quarter. Strategic Blueprint LLC now owns 7,194 shares of the company’s stock valued at $362,000 after buying an additional 1,987 shares during the period. Sigma Planning Corp bought a new stake in shares of Invesco RAFI Strategic US ETF during the 3rd quarter worth about $205,000. Intelligence Driven Advisers LLC raised its holdings in Invesco RAFI Strategic US ETF by 20.1% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 432,798 shares of the company’s stock valued at $21,770,000 after acquiring an additional 72,327 shares in the last quarter. Finally, Lifeworks Advisors LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 16.6% in the 3rd quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock worth $266,000 after buying an additional 752 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Down 1.4 %

Shares of IUS opened at $51.22 on Monday. Invesco RAFI Strategic US ETF has a 1 year low of $45.03 and a 1 year high of $52.38. The stock has a 50 day simple moving average of $50.79 and a 200-day simple moving average of $50.32. The stock has a market cap of $670.98 million, a PE ratio of 20.58 and a beta of 0.96.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1968 dividend. The ex-dividend date was Monday, December 23rd.

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.