Invesco RAFI Strategic US ETF (NASDAQ:IUS) Stake Increased by McIlrath & Eck LLC

McIlrath & Eck LLC grew its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 6.5% during the third quarter, HoldingsChannel.com reports. The firm owned 119,585 shares of the company’s stock after purchasing an additional 7,289 shares during the period. Invesco RAFI Strategic US ETF makes up approximately 0.8% of McIlrath & Eck LLC’s holdings, making the stock its 25th biggest holding. McIlrath & Eck LLC’s holdings in Invesco RAFI Strategic US ETF were worth $6,015,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IUS. FMR LLC boosted its holdings in shares of Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after acquiring an additional 303 shares during the period. CWM LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter valued at $90,000. Sigma Planning Corp bought a new position in Invesco RAFI Strategic US ETF during the third quarter valued at about $205,000. AllGen Financial Advisors Inc. acquired a new stake in Invesco RAFI Strategic US ETF in the 3rd quarter valued at about $235,000. Finally, Davies Financial Advisors Inc. bought a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at about $239,000.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

IUS opened at $51.64 on Wednesday. The firm has a market cap of $609.35 million, a PE ratio of 19.85 and a beta of 0.96. The business has a fifty day simple moving average of $50.88 and a 200-day simple moving average of $49.10. Invesco RAFI Strategic US ETF has a fifty-two week low of $41.82 and a fifty-two week high of $52.38.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.207 dividend. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, September 23rd. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.60%.

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.