Invesco RAFI Strategic US ETF (NASDAQ:IUS) Stock Position Lifted by PFG Advisors

PFG Advisors raised its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,682 shares of the company’s stock after buying an additional 2,645 shares during the period. PFG Advisors owned approximately 0.63% of Invesco RAFI Strategic US ETF worth $4,107,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. World Investment Advisors LLC acquired a new stake in Invesco RAFI Strategic US ETF in the 3rd quarter valued at about $152,410,000. Raymond James Financial Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF in the 4th quarter worth approximately $12,054,000. Lighthouse Wealth Management Inc. acquired a new stake in Invesco RAFI Strategic US ETF during the fourth quarter valued at approximately $8,470,000. Eaton Financial Holdings Company LLC bought a new stake in Invesco RAFI Strategic US ETF during the third quarter worth approximately $4,194,000. Finally, Intelligence Driven Advisers LLC grew its position in Invesco RAFI Strategic US ETF by 20.1% in the third quarter. Intelligence Driven Advisers LLC now owns 432,798 shares of the company’s stock worth $21,770,000 after buying an additional 72,327 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ:IUS opened at $48.90 on Wednesday. The company has a market capitalization of $640.59 million, a PE ratio of 20.04 and a beta of 0.96. The stock has a fifty day moving average of $50.84 and a 200-day moving average of $50.53. Invesco RAFI Strategic US ETF has a one year low of $45.07 and a one year high of $52.38.

Invesco RAFI Strategic US ETF Announces Dividend

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