Lifeworks Advisors LLC Cuts Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Lifeworks Advisors LLC lowered its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 6.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,948 shares of the company’s stock after selling 336 shares during the quarter. Lifeworks Advisors LLC’s holdings in Invesco RAFI Strategic US ETF were worth $246,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of IUS. Larson Financial Group LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 7.8% in the fourth quarter. Larson Financial Group LLC now owns 16,618 shares of the company’s stock valued at $825,000 after purchasing an additional 1,206 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Invesco RAFI Strategic US ETF during the 4th quarter valued at about $12,054,000. Synergy Investment Management LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $621,000. Steward Partners Investment Advisory LLC purchased a new stake in Invesco RAFI Strategic US ETF during the 4th quarter worth approximately $645,000. Finally, Sigma Planning Corp increased its position in shares of Invesco RAFI Strategic US ETF by 5.8% during the fourth quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock worth $214,000 after acquiring an additional 238 shares during the period.

Invesco RAFI Strategic US ETF Trading Up 0.8 %

Shares of IUS opened at $50.29 on Friday. The firm has a market capitalization of $625.10 million, a price-to-earnings ratio of 20.04 and a beta of 0.98. The firm’s fifty day simple moving average is $50.85 and its 200-day simple moving average is $50.52. Invesco RAFI Strategic US ETF has a twelve month low of $45.07 and a twelve month high of $52.38.

Invesco RAFI Strategic US ETF Announces Dividend

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

About Invesco RAFI Strategic US ETF

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.