Titleist Asset Management LLC Has $11.29 Million Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Titleist Asset Management LLC decreased its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 8.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 227,203 shares of the company’s stock after selling 20,150 shares during the period. Invesco RAFI Strategic US ETF makes up about 1.3% of Titleist Asset Management LLC’s portfolio, making the stock its 16th largest position. Titleist Asset Management LLC owned approximately 1.73% of Invesco RAFI Strategic US ETF worth $11,285,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC boosted its holdings in Invesco RAFI Strategic US ETF by 46.0% during the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after acquiring an additional 303 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Invesco RAFI Strategic US ETF by 417,900.0% during the fourth quarter. Wells Fargo & Company MN now owns 4,180 shares of the company’s stock worth $208,000 after purchasing an additional 4,179 shares during the last quarter. Sigma Planning Corp grew its position in Invesco RAFI Strategic US ETF by 5.8% in the 4th quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock worth $214,000 after purchasing an additional 238 shares in the last quarter. Lokken Investment Group LLC purchased a new stake in Invesco RAFI Strategic US ETF in the 4th quarter valued at about $248,000. Finally, AllGen Financial Advisors Inc. increased its position in shares of Invesco RAFI Strategic US ETF by 15.5% during the fourth quarter. AllGen Financial Advisors Inc. now owns 5,389 shares of the company’s stock valued at $268,000 after acquiring an additional 724 shares during the last quarter.

Invesco RAFI Strategic US ETF Price Performance

NASDAQ IUS opened at $44.84 on Friday. The stock has a market capitalization of $556.02 million, a price-to-earnings ratio of 19.74 and a beta of 0.96. Invesco RAFI Strategic US ETF has a one year low of $44.84 and a one year high of $52.38. The business’s fifty day moving average is $50.38 and its 200-day moving average is $50.54.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.2128 dividend. This is an increase from Invesco RAFI Strategic US ETF’s previous dividend of $0.20. The ex-dividend date was Monday, March 24th.

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.