Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Down 73.5% in February

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 14,100 shares, a drop of 73.5% from the January 31st total of 53,200 shares. Based on an average daily volume of 85,700 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Invesco RAFI Strategic US ETF

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of Invesco RAFI Strategic US ETF by 1,955.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,666 shares of the company’s stock valued at $386,000 after acquiring an additional 7,293 shares during the period. FMR LLC grew its holdings in Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after purchasing an additional 303 shares during the period. Larson Financial Group LLC increased its position in Invesco RAFI Strategic US ETF by 7.2% during the third quarter. Larson Financial Group LLC now owns 15,412 shares of the company’s stock worth $775,000 after buying an additional 1,036 shares during the last quarter. Allworth Financial LP bought a new stake in Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $512,000. Finally, Eaton Financial Holdings Company LLC bought a new stake in Invesco RAFI Strategic US ETF in the third quarter valued at approximately $4,194,000.

Invesco RAFI Strategic US ETF Trading Down 0.6 %

Shares of IUS stock opened at $50.62 on Friday. The firm’s fifty day moving average price is $50.84 and its two-hundred day moving average price is $50.41. Invesco RAFI Strategic US ETF has a 1 year low of $45.07 and a 1 year high of $52.38. The firm has a market capitalization of $663.12 million, a P/E ratio of 20.58 and a beta of 0.96.

Invesco RAFI Strategic US ETF Dividend Announcement

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